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62 Station Street, Burwood, Vic, 3125

62 Station Street, Burwood, Vic, 3125

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For sale

$2,400,000-$2,500,000

62 Station Street, Burwood, Vic 3125

1

1

6

970m²

191m²

•

land - house: one storey / lowset

Map of 62 Station Street, Burwood, Vic, 3125, Burwood, Victoria

Property Description

Listed on 13 June 2024

Just​ ​around​ ​the​ ​corner​ ​from​ ​Deakin​ ​University,​ ​this​ ​highly​ ​lucrative​ ​investment​ ​or​ ​redevelopment​ ​opportunity​ ​comes​ ​with​ ​a​ ​valuable​ ​permit​ ​to​ ​run​ ​a​ ​seven-bedroom​ ​rooming​ ​house.​ ​The​ ​land​ ​size​ ​of​ ​970​ ​sqm​ ​approx.​ ​is​ ​ripe​ ​with​ ​a​ ​proposed​ ​plan​ ​for​ ​6​ ​units​ ​of​ ​3​ ​level​ ​townhouses​ ​(STCA)

In​ ​the​ ​centre​ ​of​ ​the​ ​house​ ​is​ ​the​ ​kitchen​ ​and​ ​meals​ ​area,​ ​perfectly​ ​designed​ ​for​ ​this​ ​style​ ​of​ ​accommodation.​ ​Comfortably​ ​serviced​ ​by​ ​two​ ​bathrooms​ ​and​ ​ducted​ ​heating,​ ​appreciate​ ​the​ ​convenience​ ​of​ ​a​ ​large​ ​covered​ ​alfresco,​ ​polished​ ​floorboards,​ ​a​ ​double​ ​garage​ ​and​ ​studio/workshop.

Spectacularly​ ​located​ ​just​ ​metres​ ​from​ ​the​ ​Burwood​ ​Highway​ ​tram​ ​which​ ​travels​ ​to​ ​Burwood​ ​Brickworks​ ​Shopping​ ​Centre,​ ​cinema,​ ​Burwood​ ​One,​ ​village​ ​cafes​ ​and​ ​the​ ​city.

*​ ​Single​ ​level​ ​clinker​ ​brick​ ​home​ ​on​ ​970​ ​sqm​ ​approx.
*​ ​Currently​ ​leased​ ​for​ ​$600​ ​per​ ​week
*​ ​Metres​ ​from​ ​Deakin​ ​University​ ​and​ ​the​ ​Burwood​ ​Highway​ ​tram
*​ ​Easy​ ​access​ ​to​ ​Burwood​ ​Brickworks,​ ​Burwood​ ​One,​ ​cafes​ ​and​ ​the​ ​city
*​ ​Massive​ ​central​ ​kitchen​ ​and​ ​two​ ​bathrooms
*​ ​Covered​ ​alfresco,​ ​double​ ​garage​ ​and​ ​studio/workshop

Terms:​ ​10%​ ​deposit,​ ​balance​ ​180/240​ ​days

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jan 2024

$1,890,000-$1,950,000

Rental
Dec 2022

$1,000 WEEKLY

Listed for sale
Apr 2022

$2,400,000-$2,500,000

Rental
Oct 2021

$600 WEEKLY

Sold
Jul 2021

$1,830,000

Listed for sale
Apr 2021

Contact Agent

Listed for sale
Nov 2007

$880,000

Sold
Nov 2007

$880,000

Sold
Apr 1997

$210,000

Sold
May 1992

$159,000

Median unit price trends

Comparing the price trend of units in Burwood against the state of Victoria over the last 4 years. Source: Cotality

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

30 Days

House median days on market

28 Days

Unit median days on market

279 Properties

Sold in last 12 months

110 Properties

Available in the last month

Burwood residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

19-30

Is the most common age range

Renters

Most common occupant type

Other

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Mount Scopus Memorial College

K - Yr 12

Independent

Presbyterian Ladies' College

K - Yr 12

Independent

St Scholastica's School

K - Yr 6

Catholic

Wattle Park Primary School

K - Yr 6

Government

Get a wider view

Widen your research to learn about the suburb, council or state that this property belongs to.

Burwood

View the suburb data

Whitehorse

View the council data

Victoria

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Median Unit: $754,736

Median House: $1,624,760

Median Unit: $1,102,353

Median House: $2,165,946

Median Unit: $938,399

Contact the agent

Mega City Real Estate Pty Ltd

Kenny Lau

Mega City Real Estate Pty Ltd

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