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Auction this Saturday - Well Loved Family Home with Potential

It's grand, it's impressive and it offers a magnificent opportunity for renovaters or developers with vision to capitalise on a huge parcel of land, spanning 2,086sqm with a wide frontage in a prime Union Road residential location; or alternatively return this gracious Edwardian family residence c1910, to its former glory with front to back renovations and extensions.

This property offers a range of options for new home builders or developers to consider demolishing the existing dwelling and adding a grand family residence with a pool and tennis court (STCA) or alternatively redeveloping the site, with the designing and building of a multi-residence development or luxurious town residences. Either way this represents a rare opportunity to purchase such a large landholding in a prime lifestyle location with the capability of delivering outstanding capital growth prospects and income potential. All underpinned by its position within a few moments of Whitehorse Road providing easy access to the Balwyn shopping precincts, Box Hill amenities or Westfield Doncaster. Also numerous parks plus an array of excellent schools including Balwyn High School, Mont Albert Primary and public transport options are all within easy reach.

The current residence showcases its period attributes and the impressive proportions typical of its era; with the accommodation featuring period attributes including a wide entrance hall flowing to formal sitting and dining rooms, four bedrooms or three plus study, main with adjacent sun room, two bathrooms, one period-style bathroom with claw-foot bath, large internal laundry, modern well-equipped kitchen/meals and kitchen; leading to a paved outdoor dining and entertaining area. Other features include a glorious garden with soaring mature trees, alarm, hydronic heating, rain water tank & sprinklers, external sheds and carport plus multiple off-street parking.

Land size: 2,086sqm (approx.)

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Appraisal Type

Welcome to Balwyn 3103

  • Median House Price

    $2,993,333

  • 3 Bedrooms

    $2,494,666

  • 4 Bedrooms

    $2,885,334

  • 5 Bedrooms+

    $4,015,500

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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