Positioned in a premier and tightly held pocket, this substantial 968sqm (approx.) landholding with an impressive 22.6m extra-wide frontage and dual driveway crossovers presents an exceptional opportunity to capitalise immediately.
With approved plans and permits already in place for two luxury side-by-side residences, the hard work has been done. Each townhouse has been thoughtfully designed to deliver expansive family proportions of approximately 39.5 squares 39.6 squares respectively, both featuring master bedrooms on the ground floor and additional master suites upstairs — an ideal configuration for multi-generational living and long-term market appeal.
Surrounded by high-quality new homes in a location undergoing continual prestige transformation, the future value here is clear. Developers and investors can move forward with confidence, avoiding the delays and uncertainty of the planning process.
The existing four-bedroom residence provides comfortable accommodation and flexibility to lease out or occupy while preparing for redevelopment. On the ground level, two generous living domains include a formal lounge with open fireplace and a separate dining area, complemented by a bright, functional kitchen. Three bedrooms are serviced by two well appointed bathrooms, delivering practical family functionality.
Upstairs, a substantial additional room offers excellent privacy and versatility ideal as a master retreat, home office, rumpus or guest accommodation. The lower level further enhances the home with a large rumpus/gym space and extensive basement storage.
Outdoors, a generous entertainer’s deck overlooks the paved backyard and swimming pool, creating a relaxed setting for gatherings and family enjoyment. Secure parking is well catered for with a double carport and additional garaging with internal access. Ducted heating and split system air conditioning ensure year-round comfort.
Superbly located within the coveted Greythorn Primary School and Koonung Secondary College zones, and close to Balwyn High School, Balwyn North Primary and St Bede’s Primary School.
Moments to M3, Balwyn East Village, North Balwyn Village, Greythorn Shopping Centre, Box Hill Central and Westfield Doncaster, with buses, tram access, parklands and sporting facilities all nearby.
A blue-chip landholding with approved plans, premium proportions and exceptional upside ready when you are.
Features:
• 968sqm (approx.) premium allotment with 22.6m extra-wide frontage
• Dual driveway crossovers – ideal for side-by-side construction
• Approved plans and permits for two luxury townhouses
• Existing four-bedroom home provides holding income or comfortable living
• Formal lounge with open fireplace plus separate dining zone
• Versatile upstairs retreat + lower-level rumpus/gym and extensive storage
• Entertainer’s deck, paved yard and swimming pool
• Double carport plus additional garaging with internal access
• Ducted heating and split system air conditioning
• Zoned for Greythorn Primary School & Koonung Secondary College
• Close to M3, Balwyn High, village shopping, Box Hill Central & Westfield Doncaster, transport and parklands
