12 Peverill Street Balwyn

Renovators or developers and new home builders will want to snap up this rare and sought-after opportunity to acquire a magnificent allotment of 696sqm approx. enhanced by a coveted location in one of Melbourne's most prestigious leafy residential precincts. With easy access to some of Melbourne's finest schools, Deepdene or Whitehorse Road shopping and cafes, Balwyn Cinema plus recreational facilities including the Old Outer Circle or Anniversary trails, parklands and public transport.

The property is graced by a mid 1920s family residence offering those with imagination and vision to take it to the next level or the prominent corner site is perfect for the construction of a luxurious new two-storey home of stately proportions; or a dual townhouse development (STCA) - capitalizing on the future gains in this highly regarded area - all underpinning the excellent investment opportunity on offer here.

The current two-storey brick home in excellent condition is surrounded by leafy gardens lined with ornamental trees and features period attributes including leadlight windows, tessellated tile verandah, bay windows and herringbone parquetry entrance foyer. With accommodation comprising formal sitting room, the flexibility of four or five bedrooms with alternative dining room or upstairs retreat, a stylish bathroom on each level and study. Plus an expansive family domain incorporating a well-equipped granite kitchen with prestige Smeg stainless steel stove, Bosch dishwasher and adjoining laundry; leading to a paved outdoor entertaining area. Other features include alarm, ducted heating and vacuum, R/C air conditioners throughout, OFPs, roof & garden storage, water tank+sprinklers and a double carport