54 Burton Street, Concord NSW 2137
54 Burton Street, Concord NSW 2137
Corner block with dual access | 560m² development site | 3:1 FSR & 54m height limit | Near future metro station
This propertys primary strength is its zoning and strategic position within the Burwood Precinct Master Plan. The 3:1 floor space ratio and 54-metre height limit on a level 560m² corner block with dual street access present a clear redevelopment opportunity that exceeds the potential of a standard house. It serves a developer or an investor seeking to capitalise on the forthcoming Burwood North Metro station, with the existing improved house providing interim rental income.
Proceed with a commercial assessment of the existing improvements, as conflicting records on bedroom count and a wide historical value range indicate inconsistent data. The lack of recent comparable sales necessitates a bespoke valuation. The opportunity is in the lands development yield; the decision is between holding for future capital growth driven by the metro or acting on the current permissive zoning. This is a strategic land acquisition, not a standard house purchase.
Detailed Independent Property Report prepared by PropCred Analyst team for 54 Burton Street, Concord NSW 2137
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Concord is an established, high-value suburb with a resilient market underpinned by its prime location and diverse housing. Demand is driven by affluent, mature demographics, predominantly couples with children, who value its established infrastructure and transport links. The house market exhibits strong, steady capital growth, while the unit segment shows recent volatility. Future growth is anchored by its long-term appeal and established character, though high entry prices present a constraint, and the unit market’s sensitivity warrants close observation.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
560m²
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