42 Burwood Road Burwood, NSW 2134

Blue Chip | 200 metres from Burwood Metro | 66m Height Limit incoming *

Ray White Burwood is proud to present this opportunity set on approximately 408.7sqm with a 12.2m frontage and rear access via Webbs Lane, this well-positioned property offers a range of possibilities in the heart of Burwood.

Zoned MU1 Mixed Use, the site benefits from a Floor Space Ratio of 3:1, a height limit of 30 metres and active street frontage provisions. With no heritage or conservation restrictions, the property provides scope to consider future redevelopment, including a substantial mixed-use project, subject to council approval.

The existing property is currently occupied by a well-established business that has been operating from the premises for more than 20 years, providing an established income stream and the flexibility to continue the current use while considering longer-term plans.

Its location adds another significant advantage. Positioned between the new Burwood North Metro Station and Westfield Burwood, the property is surrounded by a wide range of retail, dining, education and transport amenities.

Key nearby destinations include the new Burwood North Metro Station approximately 280m away, Crowne Plaza approximately 100m away, Southern Cross Catholic College approximately 250m away, MLC approximately 500m away and Burwood Railway Station approximately 600m away.

Offering a substantial site, established occupancy and flexible mixed-use zoning, this property provides an opportunity to secure a well-located asset with scope for future development in one of Burwood's most connected precincts.

Current Income:
Terrace approx. $41,718 per annum
Retail shop approx. $116,643 incl gst per annum

Outgoings:
Council rates approx. $12,892.00 per annum
Water rates approx. $1127.00 per annum