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22 Burbank Drive Reservoir, VIC 3073

Sold for $750,000 on 30 Apr 2025Floorplan
  • 3 Beds
  • 1 Bath
  • 2 Cars
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22 Burbank Drive, Reservoir, VIC 3073

House in Reservoir

Exceptional Development Opportunity - Plans & Permits Approved

  • 3 Beds
  • 1 Bath
  • 2 Cars

Located in a well-established and highly sought-after pocket of Reservoir, 22 Burbank Drive presents a rare opportunity for developers, investors, and builders looking for a project with significant potential. While the existing home requires extensive work, the true value lies in the endorsed plans and permits for the construction of two substantial townhouses, each offering a spacious and functional design.

The approved plans outline two well-appointed residences, each spanning 24.23 squares, designed to meet modern living standards. Both townhouses feature four generously sized bedrooms and two bathrooms, with the convenience of a master suite located on the ground floor. Secure off-street parking is accounted for, with a single lock-up garage and an additional open car space on title for each home.

With engineering drawings already completed, all that's left to do is obtain a building permit and commence construction. This is an opportunity to capitalize on a project that has already undergone key planning stages, significantly reducing the time and effort required to bring it to life.

The location is well-connected, with easy access to local schools, shopping precincts, public transport, and green spaces, ensuring strong appeal for future homeowners or tenants.

A development-ready site in a prime location with approved plans of this scale is increasingly hard to find. Take advantage of the groundwork already completed and get started immediately.

For further details or to arrange an inspection, contact us today.

Land:

583m² / 0.14 acres

Parking:

2 garage spaces

Bedrooms:

3

Bathrooms:

1