2/389 Balwyn Rd, Balwyn North is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 776m2 and floor size of 85m2.
Occupying a generous 776m2 (approx.) corner allotment in the popular Balwyn High School zone, these two villa units on one title present an ideal opportunity to invest, develop or build.
Unit One offers a three-bedroom layout and Unit Two a two-bedroom layout. These well-constructed units both face Gould Street amidst a leafy setting and provide a combined annual income of $43,500. In each home, a spacious living domain hosts relaxation and dining, complemented by a neat kitchen with room for casual meals, and a private garden for alfresco entertaining.
Alternatively, the unsubdivided site, which is Zoned Neighbourhood Residential 3 with no arduous overlay restrictions, is primed with options to build a contemporary residence, or to embark on a luxury townhouse development (subject to council approval).
This sought-after and peaceful family locale is an easy stroll to Boroondara shopping strip's takeouts and cafes and the Koonung Creek trails, and minutes from Greythorn Central and Westfield Doncaster shopping centres, Boroondara Park Primary, city-bound trams, and the Eastern freeway.
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