24 Maleela AvenueBalwyn VIC 3103
Property Details for 24 Maleela Ave, Balwyn
24 Maleela Ave, Balwyn is a 5 bedroom, 4 bathroom House and was built in 1930. The property has a land size of 1350m2 and floor size of 579m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Balwyn in the last 12 months.
Last Listing description (July 2024)
Entirely transformed to exacting standards of contemporary luxury and sophistication, 'Coolangatta' c1930 is an expansive landmark property in the prestigious Reid Estate showcasing sublime enhancement by award-winning B. E. Architecture. Privately located behind a grand facade on a 1,350 sqm approx. landscaped allotment, this extensive three-level residence combines state-of-the-art features and designer style with superb pool-side entertaining spaces and magnificent views.
Comprehensively reimagined with a focus on luxurious light-filled living with seamless connections to surrounding alfresco areas, this substantial family home immediately sets a tone of entertainment excellence with a large reception hall leading to a north-facing sitting room (OFP) and a formal dining room incorporating a showcase wine cellar. Further is an executive study opening to a private terrace, a powder room, mudroom and huge laundry including a chute and double-door drying cupboard.
Located at basement level are a versatile home theatre/lounge, a storeroom and a vast remote-control garage while top-floor accommodation of impressive proportions is perfectly zoned including a family bathroom, balcony views and five spacious bedrooms where a stunning main offers a walk-in robe/dressing room and a deluxe ensuite (freestanding bath, shower with seating area) while two others also feature ensuite bathrooms. There is also provision for a lift with a potential cavity shaft spanning all 3 levels.
Polished oak and terrazzo flooring combine throughout as the ground-floor layout unfolds to reveal a high-end gourmet kitchen lavished in V-ZUG, Liebherr and Miele appliances (butler's pantry with Zip tap) that flows to an expansive family living and dining room. Tall sliding doors open to a massive north-side terrace, a covered rear alfresco area (concealed BBQ kitchen) and a solar-heated swimming pool embraced by layers of exquisite garden greenery.
An excellent range of features include hydronic heating, ducted cooling, security alarm, video intercom, speaker system, electric blinds, heated towel rails, copious storage and automatic gates to a porte-cochere. A sublime family sanctuary, 'Coolangatta' presents a golden lifestyle opportunity close to leading schools including Camberwell Boys and Girls Grammar Schools, Canterbury Girls Secondary College and Deepdene Primary, numerous parks, Cotham Road trams, Balwyn cinema and first-class shopping and restaurant precincts.
Property History for 24 Maleela Ave, Balwyn, VIC 3103
- 05 Jun 2024Sold for $9,050,000
- 21 May 2024Listed for Sale Sold: Undisclosed
- 02 Jan 2018Listed for Rent $3,200 / week
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About Balwyn 3103
The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5% of total area. The population of Balwyn in 2011 was 12,943 people. By 2016 the population was 13,321 showing a population growth of 2.9% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation. In 2011, 72.9% of the homes in Balwyn were owner-occupied compared with 71.2% in 2016.
Balwyn has 7,369 properties. Over the last 5 years, Houses in Balwyn have seen a 18.65% increase in median value, while Units have seen a 9.67% increase. As at 31 October 2024:
- The median value for Houses in Balwyn is $2,811,991 while the median value for Units is $849,310.
- Houses have a median rent of $980 while Units have a median rent of $600.
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