Exceptional Dual-Unit Investment in Premier Balwyn Locale

1&2/2B Threadneedle Street, Balwyn, 3103

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1,518,000 AUDEst. Mortgage: AUD 10,667/monthFor Sale
  • Ownership Type House
  • Property Area 283 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 8th May, 2024

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 3

Property Overview

Expressions of Interest Closing Saturday 15th June at 11am (Unless Sold Prior)<br/><br/>Discover the rare opportunity presented by this distinguished dual-unit residence, perfectly positioned in the tranquil, tree-lined suburb of Balwyn. With its appealing blend of lifestyle and investment potential, this property is a standout choice for discerning buyers.<br/><br/>Unit 1: Ground-Level Ease and Elegance<br/><br/>On the ground floor, Unit 1 offers ease of access paired with modern living comforts. It features two spacious bedrooms, a contemporary bathroom, and an updated kitchen that will delight home chefs with its functionality and style. The combined living and dining area, bathed in natural light, provides a serene setting for relaxation and entertainment, with views over the charming streetscape. Additional conveniences include a double carport and a secure, private courtyard.<br/><br/>Unit 2: First-Floor Sunlit Sanctuary<br/><br/>Ascend to the first floor where Unit 2 welcomes with its bright and airy ambiance. Two bedrooms capture the northern sun, offering warmth and light year-round. The open-plan living and dining area extends seamlessly onto a balcony, perfect for enjoying expansive views and fostering an indoor-outdoor connection. Practical design elements continue in the well-appointed kitchen, and the addition of a carport plus extra parking space underscores the unit’s appeal.<br/><br/>Strategic Location and Investment Potential<br/><br/>Located moments from Beckett Park, the 109 tram line, and a local shopping village, the property promises a lifestyle of convenience and accessibility. Nearby Balwyn Library, Mont Albert Park, and the Eastern Freeway enhance the liveability of this locale. This dual-unit setup not only serves as a sound bricks-and-mortar investment but also offers potential for substantial income generation, particularly attractive for a self-managed super fund. The significant land size provides additional opportunity for bespoke redevelopment into a luxurious new residence (STCA), ideal for future growth and enhancement.<br/> <br/>This Balwyn gem combines location, lifestyle, and lucrative investment prospects, making it an ideal acquisition for those aiming to secure a foothold in one of Melbourne’s most sought-after suburbs.

Location on Google Map

1&2/2B Threadneedle Street, Balwyn, 3103

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