229 Doncaster Rd, Balwyn North is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1955. The property has a land size of 820m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
A significant opportunity to secure an expansive 819m (approx.) block complete with approved plans and permits for a 3 dwelling development. A prized parcel in Melbourne's prestigious East, enjoying zoning for Balwyn High and situated within walking distance to Greythorn Central shopping strip, schools, parks, Route 48 tram terminal and other public transport. A developer's goldmine, this rare and impressive property will attract wide interest.
Currently presented as an updated, classic cream brick home with 4 bedrooms, 2 bathrooms, a well-equipped kitchen and spacious lounge, serviced by ducted heating and evaporative cooling throughout. An extended driveway leading to a single carport and a car space with an adjoining office, provides some versatility to the home's existing offering.
The options are endless with scope to renovate and extend or knock down and rebuild one grand dream home (STCA). Alternatively, leverage approved plans and start the exciting journey towards a residential development of luxurious living in one of Melbourne's most highly desirable locales.
Proposed as a boutique development of 3 spacious townhouses embracing quality finishes and premium fittings. Each home is arranged over two magnificent levels of open plan living encompassing 4 bedrooms and multiple bathrooms, decked outdoor entertaining spaces and garage parking.
Superbly located within walking distance to essential amenities and easy driving proximity to Boroondara Sports Complex and Westfield Doncaster, this property will deliver on convenience, lifestyle and long term capital growth.
Proposed as a boutique development of 3 spacious townhouses embracing quality finishes and premium fittings. Each home is arranged over two magnificent levels of open plan living encompassing 4 bedrooms and multiple bathrooms, decked outdoor entertaining spaces and garage parking.
Superbly located within walking distance to essential amenities and easy driving proximity to Boroondara Sports Complex and Westfield Doncaster, this property will deliver on convenience, lifestyle and long term capital growth.
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 9,272 properties. Over the last 5 years, Houses in Balwyn North have seen a 22.69% increase in median value, while Units have seen a 15.02% increase. As at 31 August 2024:
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