Rare Balwyn High Zone Redevelopment Site

Developers or new home builders will want to snap up this rare and sought-after opportunity to acquire a property spanning approximately 650sqm with a preferred northern rear aspect in the Balwyn High zone. Minutes from either Belmore Road, Burke Road or Whitehorse/Deepdene shops, cafes, restaurants, the Balwyn Cinema or the Boroondara Sporting Complex. Also close to the old outer circle trails plus many of Melbourne's other prestige school and public transport options with easy access to the Eastern Freeway for travel to the CBD - all enhancing the lifestyle appeal on offer in one of Melbourne's most sought-after Eastern suburbs.

This expansive site is perfect for the construction of a luxurious new two-storey family residence or dual town residences; alternatively renovate the existing home in keeping with today's family lifestyle expectations (STCA). Capitalizing on the excellent prospects for future capital gains in this highly regarded area, surrounded by an increasing number of high quality homes. Currently occupied by an un-renovated timber home featuring both formal and informal living areas, four zoned bedrooms, or three plus a study, main with WIR and ensuite, a family bathroom, modern central kitchen with Euro appliances, laundry and powder room. Other features of the home include ducted heating, three air conditioners, OFP, under house and former garage storage and a double carport.

Buyers should note the home presents in very comfortable condition and could be leased or lived in whilst its future is decided and any required plans submitted and approved by the Council.