Auction $1,050,000 - $1,150,000
32 Clanbrae Avenue
Burwood, VIC 3125
- 7 beds
- 2 baths
- 2 car spaces
- 633 m² land
- 162 m² floor
Prime Investment or Development Opportunity in Blue-Chip Burwood
Unlock the exceptional potential of 32 Clanbrae Avenue. This original single-level weatherboard home offers immediate returns as a high-yielding investment or a premium site for future redevelopment (STCA).
Lucrative Rooming House: Currently operating as a fully licensed rooming house, delivering a fantastic rental income. As shown in the referenced "floor plan internal 162sqm.jpg", the layout is optimized with 7 bedrooms, two bathrooms, a central living area with timber floors, and an outdoor deck.
Rare Dual-Access Development: Take advantage of the block's dual frontage, featuring primary access from Clanbrae Avenue and a secondary entrance via McGowans Lane at the rear (with an existing driveway and crossover). The street already showcases many successful, high-quality development examples.
Unbeatable Location: Proudly situated within the Mount Waverley Secondary School Zone. You are just steps from Burwood Brickworks and within easy reach of Burwood Heights Shopping Centre, Burwood One, Deakin University, Roberts McCubbin Primary School, local parks, and convenient bus/tram routes.
