Sold40 Winfield Road, Balwyn North
Exceptional Development Potential on 992sqm approx. (STCA) 6 Month Settlement Option Approved
sold 40 Winfield Road, Balwyn North, VIC
1 of 7sold 40 Winfield Road, Balwyn North, VIC
1 of 2Developers or new home builders will want to snap up this rare and sought-after opportunity to acquire a property spanning nearly 1,000sqm enhanced by a coveted location in an area undergoing renewal - minutes from great local amenities including Balwyn Plaza shops or Westfield Doncaster, St Bridget's and Greythorn Primary schools; with public transport options, extensive parklands plus Koonung Creek trails and easy access to the Eastern Freeway for travel to the CBD or Mornington Peninsula - reinforcing its lifestyle benefits.
This prominent, expansive and elevated site is perfect for the construction of a luxurious new two-storey home with pool or multiple town residences (STCA). Capitalizing on the excellent prospects for future capital gains in this highly regarded area, surrounded by an increasing number of quality homes. The site is currently occupied by an un-renovated three bedroom timber home with combined living/dining, kitchen/meals, laundry and bathroom.
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Welcome to Balwyn North 3104
Median House Price
$2,347,667
3 Bedrooms
$2,116,667
4 Bedrooms
$2,415,333
5 Bedrooms+
$2,877,334
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.