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8-18 Edwards Street

Burwood, VIC 3125, Australia
$185,000
20 car1746m²

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Area Price Guide
$173,900$196,100

Indicative price guide range

🏘️
61
Comparable
📊
$1.47m
Area median
⚖️
-87%
vs median
📐
$106
Per m²
📏
1746 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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About this property

- Land area of 5,614sqm* - Highly valuable existing improvements - Existing COY for Aged Care Use CBRE Australian Healthcare & Social Infrastructure are proud to exclusively present 8-18 Edward Street, Burwood A considerable former Residential Aged Care Home plus adjoining land across three titles, allowing expansion or a mixed-use outcome. Constructed in circa 2002 the subject property is suited to a myriad of potential users given it's location and immediate extension or value-add potential. OVERVIEW +High-quality existing Residential Aged Care improvements previously operational for 45 beds plus adjoining landholdings on either side of the property +Combined underlying land area of 5,614sqm* zoned General Residential +Offered with vacant possession and featuring parking for 20 vehicles (basement) +Existing building area of 1,746sqm* (RACF only) with a projected fully leased income of $425,000-$475,000p.a* plus +Existing planning approval for a multi-level aged care redevelopment comprising 110 beds +Existing COY for Aged Care use as well as suited to a variety of end users including Hospital, Childcare, Rehab, Land banking, Supported Residential Services, Specialist Disability Accomodation, and more (STCA) LOCATION +Strong underlying land value with Burwood featuring a median house price exceeding $1,400,000* (Dec-22) +Surrounded by the Eastern suburbs most desirable postcodes including Box Hill, Surrey Hills, Camberwell and Canterbury +Within a major social infrastructure hub and a stone's throw to dense education, parkland, healthcare and retail amenity including Deakin University, Presbyterian Ladies College (PLC), Wattle Park, Burwood Brickworks, SIA Medical and more +Highly favourable demographic trends for healthcare with 15%* of the population aged over 70 years old For Sale Via Expressions of Interest closing Thursday 2nd March at 2:00pm For more information please contact the exclusive sales and marketing agents Sandro Peluso +61 418 389 757 Marcello Caspani-Muto +61 417 065 777 Jimmy Tat +61 439 399 118

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $897/month
    $448 /fortnight
    Loan $148,000 at 6.10% over 30 years

    Upfront costs

    Deposit$37,000
    Stamp duty$6,170
    Conveyancing (est.)$2,000
    Total upfront$45,170
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Parking
    20
    Land Area
    1746m²
    Listed
    2 months ago

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