A rare offering for a resourceful buyer with two homes in the Balwyn High School Zone, each on their own title on a subdivided block, to be sold together. Both are 1990s era residences in comfortably liveable condition with scope for either minor cosmetic refreshment or major modernisation to the innovatively designed floorplans.
The options include to retain one home and renovate to sell the other; renovate and sell both; re-build a pair of luxury townhouses on the subdivided block; build a substantial prestige home (all STCA), or to retain as a multi-generational family compound or astute investment. An exciting opportunity for a visionary developer/builder/renovator/investor or family purchaser.
The front home is a single level 3 bedroom, 2 bathroom plus powder room home, suitable as a low maintenance scale-down or first family home with a front carport, rear garage and private alfresco deck.
The rear home is of stylish 3 bedroom, 2 bathroom, split level design, featuring a double-height open living area, separate study/reading room, 2 mezzanine level bedrooms, a further ground level bedroom and separate retreat, plus a smart, well-equipped kitchen and meals area. There is huge potential to reinstate the lifestyle bonus of the north-facing alfresco deck/spa area.
Zoned for the sought-after Balwyn High School, and Greythorn Primary School just around the corner. Balwyn East shops and cafes, CBD and local bus services, Boroondara Sports Complex, Gordon Barnard Reserve and Greythorn Park are all within easy walking distance. Minifie Park, playground and Goodstart Early Learning are just across the road, and the nearby Eastern Freeway and Park & Ride updates under construction.
* Two homes (each on their own title)
* In the Balwyn High School Zone
* Single level, 3 bedroom front home
* Split level, 3 bedroom innovative-design rear home
* Options to renovate/rebuild (STCA)
* Multi-generational potential
* Total of 4 car accommodation
Terms 10% deposit, balance 30/45/60 days