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Unique Redevelopment Opportunity

Perfectly positioned on the crest of the Doncaster Road hill, just 170m from the #48 tram route and 400m from Greythorn shops, this unique and versatile 2,023sqm (approx.) site comprises two separate titles of approximately 1,011sqm each. Unencumbered by any easements or overlays, and enjoying panoramic views to the north, the property lends itself to a number of potential uses, including:

Construction of a single new executive quality residence with N-S tennis court and swimming pool

Construction of two new luxury homes, each on a large 1,011sqm allotment

Two builders' display homes with ample on-site car parking

Medical related usage (subject to council approval) - there is plenty of precedent in the immediate vicinity

Early childhood learning centre (subject to council approval) - there is considerable demand in the area

FLEXIBLE SETTLEMENT TERMS AVAILABLE!

Expressions of Interest close Tuesday 29th October at 6:00pm

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Appraisal Type

Welcome to Balwyn North 3104

  • Median House Price

    $2,305,833

  • 2 Bedrooms

    $1,905,000

  • 3 Bedrooms

    $2,065,000

  • 4 Bedrooms

    $2,360,001

  • 5 Bedrooms+

    $3,007,000

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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