54 Northcote Avenue

Balwyn VIC 3103

848 m²

House

Currently for sale - view listing

Overview

Rare 848sqm (approx.) Opportunity to Create Something Exceptional

Positioned in one of Balwyn's most tightly held and highly sought-after pockets, this substantial allotment of approximately 848 sqm (approx.) presents an exceptional opportunity to create a landmark residence or explore the potential for multiple luxury townhomes, subject to Council approval. Currently home to a charming Californian Bungalow, the property offers an increasingly rare combination of land, location and flexibility. Whether the vision is to design and build one extraordinary family residence, pursue a considered multi-dwelling development, or renovate and restore the existing home, the scale and position of this holding provide an outstanding foundation for a premium project (STCA). For those drawn to the character and craftsmanship of a bygone era, the existing Californian Bungalow presents the opportunity to undertake a considered renovation, preserving its distinctive period features and original charm while introducing contemporary comforts and modern family living. With thoughtful architectural design, the home could be transformed into a truly special residence that celebrates its heritage while embracing the demands of modern living. With its generous frontage, substantial landholding and coveted Balwyn address, the property offers scope to create a bespoke home of architectural distinction or a boutique collection of luxury residences, subject to the necessary planning and Council approvals. The location further elevates the opportunity, with a rear gate providing direct access to community parkland and an alternate walking route to the Whitehorse Road shopping and dining precinct. Balwyn Library, supermarkets, cafes, restaurants and the city-bound tram are all within easy reach, while Balwyn Primary School, Fintona and Chatham Station are comfortably accessible on foot. An exceptional selection of Melbourne's leading private schools is also within convenient reach by tram. Opportunities of this calibre, combining substantial land with such a prestigious Balwyn position, are increasingly difficult to secure. PHOTO ID REQUIRED AT ALL INSPECTIONS