An incredibly rare and versatile opportunity in the heart of Bayswater! This premium site offers multiple pathways to profit: build 5 to 6 contemporary townhouses (STCA), proceed with the existing approved plans for 13 modern apartments, or land bank and watch your investment grow in one of Melbourne’s fastest rising suburbs.

Opposite Bayswater Park Picturesque green space right at your doorstep Walking distance to train stations, shops & cafes High lifestyle appeal for buyers and tenants Quick access to Eastlink Easy commute to Melbourne CBD and beyond With approved architectural plans already in place, you can start the apartment project immediately, or redesign to suit a townhouse configuration. The existing location ensures strong buyer and rental demand, making it equally attractive as a long-term hold.

* Multiple development options - choose your path
* High-demand area with low vacancy rates
* Significant capital growth potential in a booming precinct
*The property already has an existing decent-sized, solid brick veneer house.
Opportunities with this level of flexibility and prime positioning are extremely rare.

For more Real Estate in Bayswater contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.