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388 Balwyn Road
Balwyn North VIC 3104

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 220m2
Land area: 145m2
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Excellent commercial & residential opportunity at 388 Balwyn Rd, Balwyn North!

This is an exceptional opportunity for small business owners or start-ups looking for a space that combines both commercial and residential living. Located at 388 Balwyn Rd, Balwyn North, this property offers the perfect balance of work and home in a prime location.
The ground floor features a versatile shopfront and office space, ideal for your business needs. With street access directly off Balwyn Road, this space enjoys high visibility, making it perfect for attracting foot traffic. The open-plan office area is generously sized at approximately 71m2, providing ample room for desks, meetings, or even a showroom. A kitchenette is included for staff convenience, featuring modern bench tops. The office also has a water closet and floor-to-ceiling tiles, creating a sleek, contemporary feel throughout. There's plenty of storage space, ensuring the area remains functional and organized, whether you're storing business supplies or equipment.
Upstairs, you'll find a luxuriously appointed 2-bedroom apartment. The apartment is designed to be bright and airy, with plenty of natural light flooding the space through large windows and skylights. The open-plan living area is spacious and perfect for relaxing or entertaining. The kitchen features stone bench tops and is equipped with high-quality Bosch appliances, including an induction stove. Hardwood flooring throughout the living areas adds warmth and elegance, while the carpeted bedrooms offer comfort and privacy. The bathroom is stylishly tiled and features modern fittings. With plenty of storage in both the kitchen and living areas, you’ll have plenty of room for your personal items.
For comfort, the apartment is fitted with two split system air conditioners to keep you cool in summer and warm in winter. The tandem two car garage offers internal access, providing both security and convenience. Plus, there is a generous rooftop garden/deck for the apartment ensuring privacy and relaxation outdoors.
This property boasts a prime location within the Boroondara Shopping Centre North Balwyn with its local shops, cafes, and restaurants. For more shopping and entertainment, Westfield Doncaster is a quick drive away, and Belmore Road Village is nearby. Nature lovers will enjoy easy access to Macleay Park and the Koonung Creek Trail.
Transport options are excellent, with bus routes 302, 304, and 548 providing direct access to Doncaster, Box Hill, and the Melbourne CBD, while Tram 48 offers a direct city link. The Eastern Freeway entrance is just 2 km away for easy city access with a speedy 11. Plus, the property is within the school zones for Balwyn High School and Boroondara Park Primary, making it ideal for a small family.
Don’t miss out on this rare opportunity to secure a property that offers both a commercial presence and comfortable living. Contact us today to arrange an inspection and discover all that 388 Balwyn Rd has to offer!
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Property Details for 388 Balwyn Rd, Balwyn North

388 Balwyn Rd, Balwyn North is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 145m2 and floor size of 220m2. The place is currently for sale with CHN Real Estate Group.

Building Type
Townhouse
Floor Size
220m2
Land Size
145m2

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About Balwyn North 3104

The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2011 was 20,315 people. By 2016 the population was 20,414 showing a population growth of 0.5% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation. In 2011, 80.6% of the homes in Balwyn North were owner-occupied compared with 78.4% in 2016.

Balwyn North has 9,256 properties. Over the last 5 years, Houses in Balwyn North have seen a 15.57% increase in median value, while Units have seen a 6.95% increase. As at 31 October 2024:

  • The median value for Houses in Balwyn North is $2,194,507 while the median value for Units is $1,166,528.
  • Houses have a median rent of $835 while Units have a median rent of $725.
There are currently 25 properties listed for sale, and 10 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 374 properties were sold in the past 12 months in Balwyn north.

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Jeri Law
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Calvin Chan
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CHN Real Estate Group
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