358 Burwood Highway, Burwood, VIC, 3125

High-Yield Student Accommodation 84 Units / 95 Beds (STCA)

House
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, March 27, 2026 ( See property details for 358 Burwood Highway, Burwood, VIC, 3125)

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A rare opportunity to acquire a permit-approved site for a 95-bed student accommodation in the heart of Burwood, Melbourne's sought-after eastern suburb, with excellent connectivity and proximity to major educational institutions.

🏡 Property Highlights

  • Permit-approved for a 95-bed purpose-built student accommodation (PBSA) project
  • Strategically located opposite Deakin University Burwood Campus
  • Excellent connectivity with tram access to Melbourne CBD
  • Close proximity to Burwood Brickworks Shopping Centre and prestigious schools
  • Potential for permit renewal to update development timeline
  • High-demand location driven by strong population growth and educational institutions

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Built-in Robes
  • Car Spaces
  • Garage
  • Balcony
  • Air Conditioning
  • Heating

Burwood is a vibrant and highly sought-after Melbourne suburb renowned for its strong educational presence, excellent transport links, and diverse amenities. It offers a thriving community atmosphere, proximity to major shopping centres like Burwood Brickworks, and access to prestigious schools. The area benefits from continuous population growth and high demand for quality student housing, making it an ideal location for investment. Its connectivity to Melbourne CBD via tram and proximity to parks and cafes further enhance its appeal. Burwood combines convenience, education, and lifestyle in a highly desirable setting.

What is the current status of the planning permit for the student accommodation?
The planning permit was previously approved for a 95-bed student accommodation project, and it can be renewed with an updated timeline if required.
What are the key benefits of this development site for investors?
The site offers a high-yield opportunity in a highly sought-after educational precinct, with excellent connectivity, proximity to major institutions, and potential for permit renewal to fast-track development.
How close is the property to Deakin University Burwood Campus?
The property is directly opposite or just moments away from Deakin University Burwood Campus, providing excellent access for students.
What amenities and infrastructure are nearby?
The property is close to Burwood Brickworks Shopping Centre, prestigious schools including Presbyterian Ladies' College, parks, cafes, and has excellent tram connectivity to Melbourne CBD.
Can the permit for the student accommodation be re-applied or renewed?
Yes, the incoming purchaser can reapply to renew the permit by updating the development timeline if required.
Are there any hidden costs or additional fees associated with renewing the planning permit? What are the zoning restrictions or easements affecting the site? Are there any planned developments or construction nearby that could impact the property? Is the property located in a flood or bushfire-prone area? Are there any strata or body corporate considerations for the site? What are the current and future transport infrastructure plans in the area? Are there any environmental or heritage restrictions on the site? Has the site been tested for soil stability or contamination? What are the specific conditions attached to the existing planning permit? Are there any ongoing or upcoming community or council planning activities that could affect the development?

358 Burwood Highway, Burwood, VIC, 3125 - More Details

High-Yield Student Accommodation 84 Units / 95 Beds (STCA)

Type
House
Bedrooms
1
Bathrooms
1
Parkings
1

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