1 Trentwood Ave, Balwyn North is a 6 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 602m2. While the property is not currently for sale or for rent, it was last sold in May 2001.
Delivering astounding possibilities for the clever investor or developer, this mid-century complex of four apartments on one title is a rare yet fortunate find, currently returning approx. $65,000 pa. Bolstered by outstanding amenity, the site is a promising investment to flip or hold, an easy walking distance to Greythorn Central's tasty eateries, conveniences and transport, Koonung Creek's leafy trails and recreation, and elite schools including Balwyn High School, while just minutes from the Eastern freeway.
Set on a leafy allotment with four carports, the apartments offer the larger proportions of yesteryear's solid-brick construction, delivering spacious luxury in well-maintained, yet mostly original condition. A combination of 2x two-bedroom apartments, and 2x one-bedroom apartments each provide exceptional living spaces for easy relaxation and formal dining, while the large retro-styled kitchens provide space for casual meals.
An easy investment to hold for future years as is, or to renovate to maximise gains, the homes promise exciting future possibilities, with huge laundries for creative renovation ideas, and lush grounds for future subdivision options.
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 9,250 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:
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