A rare chance to secure a high-elevation, north-facing 858mò block with 20m frontage in the heart of Balwyn with an expired permit for 4 townhouses , ideal for builders, investors, or families looking to capitalize on this prime location.
Property Highlights:
* Spacious 4-Bedroom Home - Currently tenanted at $750/week offering instant cash flow.
* Development potential - Expired permit for 4 townhouses (STCA), presenting a lucrative opportunity.
* Premium Location - Walk to Balwyn Village, top schools (Balwyn Primary, Fintona Girls') and tram routes.
* Family-Friendly Layout - Master suite with WIR & ensuite, 3 additional bedrooms (BIRs), multiple living zones, and a sunlit open-plan kitchen/dining area.
* Indoor-Outdoor Living - Central courtyard, spa bath, low-maintenance gardens, and double garage.
* Elite School Zone - Minutes to Camberwell Grammar, MLC, Xavier College, Trinity Grammar,and more.
* High Side of the Road - North-facing aspect with elevated views.
Why Invest:
* Strong capital growth in Balwyn's prestigious precinct.
* Renovate, rebuild, or redevelop-flexibility for buyers.
* Walking distance to shops, cafes, parks, and transport.
* Short drive to Box Hill CBD & Eastern Freeway.
Don't miss this dual-opportunity property - ideal as a high-yielding rental or a visionary development project.
