52-54 park rd,Burwood offers the opportunity to acquire DA approved development site in sought after Burwood.

The combined properties offer a total land size of 1,019 sqm, with a 25.5m frontage, in B4 mixed use zoning.

With the opportunity to develop a aesthetically pleasing low rise residential apartment complex, this property is strategically positioned within easy walking distance of Burwood westfield and Burwood station.

- DA approved for 24 apartments
Section 4.55 (6 of 1 bed, 14 of 2 beds, and 4 of 3 beds, total 24 units.

- 30% affordable housing bonus* (STCA),One of the key reforms introduced by the State Environmental Planning Policy Amendment (Housing) 2023 (Housing Amendment) is the new 'affordable housing' bonus, which permits a floor space ratio (FSR) bonus of 20 to 30% for developments that include at least 10 to 15% of gross floor area (GFA) as 'affordable housing'.

- B4 Mixed Use zoning
- Height of Building:15m
- FSR: 2:1

-This is an incredible opportunity for astute investors and developers looking to secure great value in one of the hottest suburbs in Inner west Sydney!!

Nearby amenity includes Burwood park, MLC school, Burwood westfield and station.