Balwyn High Zone Renovation or Redevelopment Opportunity

Situated in a quiet pocket of Balwyn near Whitehorse Road, this two storey brick family home on a generous allotment of 760sqm approx. offers a range of options; either design and build a luxurious new family residence with the inclusion of a pool if desired, build new townhouses on the site with dual access from Cremorne and Edmond Streets. Or alternatively renovate and extend the existing home, (STCA). With either option promising excellent capital gains prospects in an area undergoing renewal in the prized Balwyn High zone, one of Melbourne’s most sought-after residential precincts.

The existing brick family home has a flexible interior offering family warmth from another time comprising a tiled entrance hall, study, formal sitting room, spacious north-facing living room, four zoned bedrooms, downstairs main with a large WIR, ensuite and a family bathroom, plus three generous upstairs bedrooms with built-in robes alongside a study area. A modern kitchen/meals equipped with quality appliances plus an adjacent laundry opens to the rear leafy garden offering plenty of space to extend further if desired. Buyers should note it presents in excellent order throughout and could be comfortably occupied or leased while a decision on its future is made. Other features include stained woodwork, ducted heating, wall air conditioner, R/C air conditioner, overhead fans, garden shed and a carport plus off-street parking.

Quietly located in a tree-lined street, the site is conveniently positioned moments from Whitehorse Road shopping, cafes and restaurants plus the Balwyn Cinema and Deepdene. With easy access to numerous other private and public schools. Also an array of popular parklands including the Outer Circle trails and public transport options - all of which add to the lifestyle benefits for local families to enjoy.

7 Cremorne Street, Balwyn, 3103

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Welcome to Balwyn 3103

  • Median House Price

    $2,947,500

  • 3 Bedrooms

    $2,604,500

  • 4 Bedrooms

    $3,108,750

  • 5 Bedrooms+

    $3,790,000

Balwyn, located about 10 kilometres east of Melbourne's CBD, is a suburb within the City of Boroondara known for its picturesque streets, grand Edwardian and Georgian homes, and high-quality lifestyle.

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