'Eastern Hill' 301 Burwood Highway, Burwood, Vic 3125

Colliers is pleased to present ‘Eastern Hill’ 301 Burwood Highway, Burwood For Sale via International Expressions of Interest closing Friday 11 October 2024 at 2pm (AEDT).

Atop of a 3.37ha* site, Eastern Hill presents an opportunity for a development of scale within Melbourne's east. Underpinning the asset’s value is the immense redevelopment and regeneration potential within such a strong inner eastern location of Melbourne. Burwood is an easily accessible, economically diverse and established location that has forever lived up to its nature of a quiet, leafy residential suburb that has evolved into a vibrant employment and student hub off the back of the significant expansion of Deakin University. 

A booming hub for living, education, and business, Burwood is part of the rapidly growing middle-ring precinct. It is incredibly well-serviced to serve students, home buyers, an ageing population, and the commercial needs of a growing suburb.

Key site highlights include:

- Completed in 1991, this prominent corner site is home to a campus style office park that comprises approximately 19,578m2* of office NLA together with significant car parking both at grade and within a two-decker car parking building with a total of 968 car parking bays.

- Significant land holding that is ideally suited to arrange of outcomes that could include full redevelopment, repurposing and/ or a combination of both.

- Strategic location that would suit alternate asset classes such as education, life sciences, aged care, medical and retirement.

- Easy and direct access to public transport and major upside with the Suburban Rail Loop planned to intersect Burwood at Deakin university.

- Good current income with significant upside and value add-opportunity.

- Eastern Hill provides a rare opportunity to secure a quality asset with excellent upside and development potential in one of Melbourne’s the most established and sought-after eastern suburban locations.

- NABERS rating - Building 1: 4.5 Stars & Building 3: 3 Stars.

For further information, please contact the selling agents at Colliers

Alex Browne - 0418 350 545
Jozef Dickinson - 0402 678 888
Ian Sanders - 0402 893 070
Thomas Blencowe - 0401 197 122
Yvonne Zhou - 0415 100 831

*Approx
**Outlines are indicative