Sensationally positioned in a leafy neighbourhood street that’s merely metres from Bayswater Secondary College and the bustling vibrancy of Bayswater Village, fast track your development dreams with this enormous 1020 sq m approx. block.
Boasting 60 metres of depth, on a level allotment, surrounded by large redevelopments, and boasting lucrative GRZ4 zoning with a DD06 overlay, reap the rewards by constructing multiple townhouses (STCA) in this supremely convenient pocket.
Currently there are two dwellings on the property which are both leased for handy cashflow – unit 1 is a two bedroom unit with rent of $510 per week while unit 2 is a three bedroom townhouse rented for $570 per week (to be increased to $600 per week from 29/04/26).
An easy stroll to the lovely Dandenong Creek Trail, Bayswater Primary School, the train station, mouth-watering restaurants and cafes, and a wide selection of retailers, this is a sure-fire investment for the future.
- Enormous 1020 sq m approx. block
- GRZ4 zoning with a DD06 overlay
- Metres from Bayswater Secondary College
- An easy walk to the train, shops and primary school
- Two homes that are currently tenanted for handy cashflow
- Unit 2 has newly installed air-conditioning
- Build multiple townhouses (STCA)
