With a 21 meter wide frontage (approx.) the possibilities here are bountiful. Offering 566sq meters (approx.) of land, just a few short minutes to the world-class Brickworks Shopping Centre, Burwood One and Deakin University. Your brand new home would look ideal positioned here or perhaps you have been seeking the ideal, extra-wide property to subdivide and develop, creating townhouses with their own street frontage (STCA). The current home is sound and offers reliable rental income or a home for those looking to update, renovate or perhaps extend utilizing the spacious backyard. A rare opportunity not to be missed for those seeking land or a blank canvas to create their dream in Burwood East. Property Facts: Yield: 2.29% Capital Growth: 6.57% Council Population Growth: 1.69% Guaranteed Rent: $420 per week Water Rates: $958 p.a Council Rates: $1639.90 p.a Nearest Hospital: Box Hill Hospital Nearest Station: Jordanville Station / Trams: Burwood Hwy Nearest Primary School: Burwood East Primary School Nearest Secondary School: Deakin University Planning Zone: GRZ1