358-360 Burwood Highway, Burwood, Vic 3125-Image

For Sale

358-360 Burwood Highway, Burwood, Vic 3125

Contact Agent | $4,300,000 - $4,600,000

House

Type

Bedrooms

Bathrooms

Parkings

1,635 m²

Area

Last updated on Friday, April 10, 2026 ( See property details for 358-360 Burwood Highway, Burwood, Vic 3125)

Contact Agent | $4,300,000 - $4,600,000

View the agent price guide.

Tony Che - Real Estate Agent - Professionals First & Co

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Lily Liu - Real Estate Agent - Professionals First & Co

Lily Liu 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 opportunity to acquire a permit-approved 95-bed student accommodation site in Burwood, with excellent connectivity and growth potential.

🏡 Property Highlights

Permit-approved for a 95-bed purpose-built student accommodation (PBSA) project.
Strategically located opposite Deakin University Burwood Campus, ensuring high demand.
Excellent connectivity with direct tram access to Melbourne CBD.
Close proximity to Burwood Brickworks Shopping Centre and prestigious schools.
Potential for permit renewal and reapplication, offering flexibility for future development.
High-yield investment opportunity in Melbourne’s sought-after eastern suburbs.

✨ Key Features

Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Balcony
Garage
Air Conditioning
Built-in Robes
Home Office / Study
Extra Storage (Shed/Linen)

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358-360

Burwood, VIC 3125

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Suburb and Property Insights of Burwood, VIC 3125

Burwood is a highly sought-after Melbourne suburb renowned for its strong educational institutions, excellent transport links, and vibrant community. It offers a mix of established residential areas, shopping precincts, and parklands, making it ideal for student accommodation and long-term investment. The suburb benefits from proximity to major universities, prestigious schools, and a variety of lifestyle amenities, ensuring sustained demand. Its connectivity via tram and road networks provides easy access to Melbourne’s CBD and surrounding regions, supporting its reputation as a prime education hub.

Frequently Asked Questions

What is the current status of the planning permit for the student accommodation?

The site previously received approval for a 95-bed student accommodation development, and the permit can be renewed or re-applied for with an updated timeline.

What are the key benefits of this property for investors?

This property offers a high-yield opportunity with a purpose-built design, excellent location near Deakin University, and potential for permit renewal, making it ideal for long-term income and capital growth.

How accessible is the property to Melbourne’s CBD?

The property benefits from excellent tram connectivity, providing direct access to Melbourne CBD, making it highly convenient for students and tenants.

Are there any restrictions or conditions related to the development permit?

The permit was previously granted, and the incoming purchaser can reapply to renew it, with the possibility of updating the development timeline as needed.

What amenities and facilities are nearby?

The property is close to Burwood Brickworks Shopping Centre, prestigious schools including Presbyterian Ladies’ College, parklands, cafés, and established residential amenities.

What to ask about this property to agent?

Are there any additional costs or fees associated with renewing or reapplying for the development permit? Is the site subject to any zoning restrictions or easements that could impact future development? What are the potential risks of nearby construction or planning activities affecting the property? Are there any known environmental or bushfire risks in the area? Is there any strata or body corporate management applicable to the site? What are the current market conditions and rental demand for student accommodation in Burwood? Are there any existing defects or issues with the property or site infrastructure? What are the planning and approval processes for reapplying for the permit? Are there any restrictions on the height or design of future developments? What is the history of the site regarding previous uses or approvals that could influence future development?

358-360 Burwood Highway, Burwood, Vic 3125 - More Details

Contact Agent | $4,300,000 - $4,600,000

Type: House
Bedrooms: 1
Bathrooms: 1
Parkings: 1
Area: 1,635 m²

Price guide

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358-360 Burwood Highway, Burwood, Vic 3125 - Point Of Interest

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358-360 Burwood Highway, Burwood, Vic 3125

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