17 Church Street, Bayswater, Vic 3153

17 Church Street presents an exceptional opportunity for investors and developers. Located in the coveted GENERAL RESIDENTIAL ZONE - SCHEDULE 4, this high-density property is ideal for constructing townhouses or apartments (STCA). 

The current home, partially renovated to function as a dual-home complex, features a 1-bedroom unit and a 3-bedroom unit, each with shared backyard access. It includes two kitchens, four bedrooms, two main bathrooms, a laundry in the 3-bedroom unit, two separate toilets, three living spaces, and two meals areas.

This substantial 996 square meter block is ripe for development. Its generous size and strategic zoning make it perfect for high-density residential projects. Whether you're envisioning a series of townhouses or a modern apartment complex, this property offers the flexibility and potential to realize your development ambitions.

Situated in a family-friendly area with a rental yield of $900 per week, it is conveniently close to schools, shops, and parklands. The block is relatively flat with an easement at the back, further simplifying the development process.

Seize this unique chance to transform 17 Church Street into a lucrative investment or development project in a prime location.


Features: 

Unit 1:
3 Bedrooms 
1 Bathroom 
Separate Toilet 
Open Plan Kitchen and Meals 
Gas Cooktop and Oven 
Family 
Living 
Laundry 
Split System Heating and Cooling x1 
Carpets, Hardwood Floorboards and Tiles 
Curtains Throughout 
Parking spots at the front of the property 


Unit 2: 
1 Bedroom with Built-in Robe 
1 Bathroom
Separate Toilet 
Open Plan Kitchen, Meals, Living 
Gas Cooktop 
Electric Oven 
Carpets and Tiles Throughout 
Blinds 
Split System Heating and Cooling x1 
Single Carport 

Location: 
Situated on a spacious 996 block, this home has many education options nearby such as Bayswater Primary School, Heathmont East Primary School, Bayswater West Primary School, Our Lady of Lourdes Primary School, Bayswater Secondary College, Heathmont College and Tintern Grammar. Conveniently located near many parklands for you to enjoy include Marie Wallace Park, HE Parker Reserve, Guys Turner Reserve and Glen Park. Mountain High Shopping Centre is walking distance away and for further shopping needs, both Eastland and Westfield Knox Shopping Centre are just mere minutes away. Bayswater Train Station and many bus stops will service all public transport needs. The M3 is close by and is direct access into Melbourne's CBD.