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. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Townhouse sold in Balwyn North in the last 12 months.
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.
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 9,283 properties. Over the last 5 years, Houses in Balwyn North have seen a 10.53% increase in median value, while Units have seen a 2.60% increase. As at 30 November 2024:
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