Exceptional Balwyn High Zone Development Opportunity

The many high quality new family residences in the surrounding streetscapes enhance the exceptional opportunity available to redevelop on this excellent site; by building a luxurious new family home or twin townhouses. Alternatively the home offers a chance to undertake front-to-rear renovations or extend creating new living spaces to suit today's family lifestyles (STCA). Highlighted by the much sought-after Balwyn High zoning and located appealingly close to Balwyn shopping or restaurant options and Balwyn Cinema. It is only minutes from Westfield Doncaster with easy access to the Eastern Freeway plus an array of parklands, transport options and other schools, both public and private, and the Boroondara Sports Complex - all of which add to the lifestyle benefits attached to this property.

The site is currently occupied by a largely un-renovated timber Californian c1945 comprising a central entrance hall opening to a living room and adjacent dining, 4 bedrooms, period-style bathroom, and laundry with a second bathroom. Plus a kitchen and family room with stainless steel stove & Bosch dishwasher opening to a rear verandah and leafy, mature gardens. Other features include ducted heating, R/C air conditioner (family room), storage shed and tandem off-street parking. Buyers should note the home is in excellent condition and could be occupied or leased on a temporary basis while plans for the renovations or redevelopment are drawn up and approved.

Land size: 617sqm/6,639sqft approx.

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Appraisal Type

Welcome to Balwyn 3103

  • Median House Price

    $2,884,500

  • 3 Bedrooms

    $2,407,500

  • 4 Bedrooms

    $3,018,750

  • 5 Bedrooms+

    $3,528,000

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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