Two Dwellings, One Exceptional Balwyn Opportunity
Offering an exciting opportunity, this substantial corner property presents approximately 906 sq m of prime Balwyn land, superbly positioned at the corner of Sevenoaks Street and Freeman Street and offering outstanding potential for developers, builders and astute investors.
Adding significant flexibility to the opportunity are two existing dwellings currently occupying the site, providing the potential to generate rental income from one or both residences while future plans are explored.
With its generous proportions and valuable corner position, the property presents an array of possibilities. Consider renovating or extending the existing accommodation, creating a substantial new family residence, or exploring the site's broader development potential (STCA).
The location further underpins the long-term appeal. Zoned for both highly regarded Balwyn Primary School and Balwyn High School, the property is also within easy reach of some of Melbourne's leading private schools. Nearby parks and recreation, shopping and dining precincts, public transport and convenient Eastern Freeway access complete an exceptional lifestyle and investment proposition.
A rare opportunity to secure a substantial parcel of land in one of Balwyn's most tightly held locations, with the added advantage of existing accommodation and income potential while considering the possibilities.
Dwelling 1: 3 Bed, 1 Bath, 1 Car
Dwelling 2: 2 Bed, 1 Bath, 1 Car
Property Highlights
* Substantial corner allotment of approximately 906 sq m
* Two existing dwellings offering potential rental income
* Outstanding renovation, new-home or development potential (STCA)
* Zoned for Balwyn Primary School and Balwyn High School
* Close to leading private schools, parks, shopping and public transport
* Convenient access to the Eastern Freeway and surrounding amenities