Developers and new home builders will want to snap up this rare and sought-after opportunity to acquire this magnificent allotment of 1429sqm 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 and Balwyn shopping centres and cafes, Balwyn Cinema, recreational facilities including the Old Outer Circle or Anniversary trails, parklands and public transport. This prominent and expansive site has rear access to the trail and is perfect for the construction of a luxurious new two-storey home of stately proportions or multi town residences (STCA) capitalizing on views to the northern ranges and the capital gains prospects in this highly regarded and prized area surrounded by quality homes - all underpinning its excellent value. The property is currently occupied by a two-story brick home in comfortable condition held by the same family for over 70 years requiring considerable restoration and modernization - comprising parquetry floors, formal living and dining, modern timber kitchen/meals, study/3rd bedroom, informal living, laundry and downstairs bathroom; plus two upstairs bedrooms, second bathroom and balcony. Includes outside bungalow/studio and carport.
Land size: 1,429sqm/15,376sqft approx.
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No information about nearby schools in this area.