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240 Burwood Highway, Burwood, Vic 3125-Image

240 Burwood Highway, Burwood, Vic 3125-Floorplan

240 Burwood Highway, Burwood, Vic 3125

Auction this Saturday at 9:30am

House

Type

Bedrooms

Bathrooms

Parkings

654 m²

Area

Last updated on Saturday, June 20, 2026 ( See property details for 240 Burwood Highway, Burwood, Vic 3125)

Auction this Saturday at 9:30am

View the agent price guide.

Jin Ling - Real Estate Agent - VICPROP - MANNINGHAM

Jin Ling Partner

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Gabriel Lee - Real Estate Agent - VICPROP - MANNINGHAM

Gabriel Lee Sales Consultant

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare, high-yield investment comprising two brick residences opposite Deakin University, offering immediate income, development potential, and long-term growth in Melbourne’s premier education precinct.

🏡 Property Highlights

Exceptional investment opportunity with two properties on separate titles in a high-demand education precinct.
Currently operating as approved and accredited rooming houses with high occupancy rates.
Strong immediate cash flow with an average rental income of approximately $134,000 per annum.
Located directly opposite Deakin University, ensuring consistent student demand.
Potential for future redevelopment and expansion (STCA) within Residential Growth Zone 2.
Long-term land banking prospects in a high-growth Melbourne corridor.

✨ Key Features

Garage
Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Ceiling Fans

Suburb and Property Insights of Burwood, VIC 3125

Burwood is a vibrant Melbourne suburb renowned for its strong educational and transport links, including proximity to Deakin University and upcoming Burwood Train Station. It offers excellent amenities such as shopping centres, private schools, and recreational facilities, making it highly attractive for tenants and investors alike. The area benefits from ongoing infrastructure development and high growth potential, ensuring enduring demand and capital appreciation. Its strategic location within Melbourne’s eastern corridor makes it a prime choice for long-term investment and lifestyle convenience.

Frequently Asked Questions

What is the current rental income and occupancy rate?

The properties generate an approximate annual rental income of $134,000, supported by consistently high occupancy rates due to strong demand from students and tenants associated with Deakin University.

Are there any development restrictions or zoning considerations?

Yes, the properties are situated within Residential Growth Zone 2, offering future redevelopment and extension opportunities subject to council approval (STCA).

What are the potential future uses of the property?

Potential future uses include redevelopment into purpose-built student accommodation, boutique multi-residential projects, or other residential developments, subject to planning consent.

What is the condition of the existing residences?

The residences are well-maintained brick structures currently operating as approved rooming houses, with scope for refurbishment or reconfiguration to enhance value.

What amenities and transport options are nearby?

The property is directly opposite Deakin University, near the under-construction Burwood Train Station, with excellent tram, bus, and arterial road access, plus proximity to shopping centres, private schools, and recreational facilities.

What to ask about this property to agent?

Are there any existing planning or development approvals in place, and what are the conditions? Are there any easements, covenants, or zoning restrictions that could impact future development? What are the potential costs associated with refurbishment or reconfiguration? Are there any known structural issues or defects with the current residences? What are the local council’s plans for infrastructure or zoning changes that could affect the property? Is there any ongoing or planned construction nearby that could impact the property’s value or occupancy? Are there any strata or body corporate considerations, if applicable? What are the flood or bushfire risks in this area? Are there any additional costs or fees associated with the property’s current use as a rooming house? What are the long-term projections for rental demand and property value in this precinct?

240 Burwood Highway, Burwood, Vic 3125 - More Details

Auction this Saturday at 9:30am

Type: House
Bedrooms: 14
Bathrooms: 5
Parkings: 2
Area: 654 m²

Price guide

View Statement Of Information

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240 Burwood Highway, Burwood, Vic 3125 - Point Of Interest

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Your Commute at a Glance: 240 Burwood Highway, Burwood, Vic 3125

Email Enquiry To VICPROP - MANNINGHAM

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240 Burwood Highway, Burwood, Vic 3125

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