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Re-Develop or Renovate - What an Opportunity

Sited on 1,012sqm (approx.) within the coveted Balwyn High School Zone, this solidly built elevated family home is ready for new beginnings - making it ideal for the construction of a luxurious new family residence with the potential for spectacular City views. The site is currently occupied by a brick family home, owner built in the mid-1950s and occupied by the same family since; offering ample scope to also renovate and extend if preferred. With either option promising excellent capital gains prospects in one of Melbourne's most sought-after residential precincts (all options STCA).

The interior showcases family warmth from another time featuring a wide entrance hall, a spacious formal sitting and dining room, three bedrooms, main with WIR and ensuite, period-style family bathroom, modern kitchen/meals with adjacent laundry and a generous family living and dining room opening to the garden. Plus a lower-level, self-contained one bedroom studio with its own entrance. Other features include an alarm, ducted heating, R/c air conditioner, carport remote garage, workshop and storage, plus a further two OSP. Buyers should note it presents in excellent order throughout and could be comfortably occupied or leased while a decision on its future is made.

The property is further enhanced by several sought-after lifestyle benefits including the nearby Boroondara Sports Complex and other parklands; close to the Balwyn Plaza shops, North Balwyn Village, Whitehorse Road or Westfield Doncaster shopping precincts and walking distance to Primary schools and transport or quick Eastern Freeway/CBD access - all enviable family amenities attached to this location.

Land size: 1,012sqm approx.

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Appraisal Type

Welcome to Balwyn North 3104

  • Median House Price

    $2,360,000

  • 3 Bedrooms

    $2,000,000

  • 4 Bedrooms

    $2,442,500

  • 5 Bedrooms+

    $2,925,000

Balwyn, located about 10 kilometres east of Melbourne's CBD, is a suburb within the City of Boroondara known for its picturesque streets, grand Edwardian and Georgian homes, and high-quality lifestyle.

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