A Permit Approved Balwyn North Delight

Sale Details

Sold on 02 May 2022 for $5,400,000

Description

POINT OF INTEREST:
With over 2,650sqm* of land in the coveted suburb of Balwyn North, the immense scope of opportunity is as good as its location.
A two street fronted landholding with a combined frontage of 73.5 metres* and two individual homes ready to provide income, this property is itching for value add improvements, redevelopment for high-end townhouses or to capitalize on an existing Childcare permit for 154 places.

At 125 Greythorn Road there is a two level 5 bedroom home with pool / tennis court, dual cross-over and 10 - 12 Hedderwick Street a two level 4 bedroom home.

Significant landholding of 2,659sqm*
Expansive 73.5 metre* combined frontage
Approved Childcare permit for 154 places
Two existing homes that can proved holding income
Centrally located with direct access to an abundance of amenities and arterial roadways
Immense development potential for high-end town houses (STCA)

POINT OF VIEW:
Irrespective of the property's vast future, the value of its location will only rise with Greythorn Primary School less than 100 metres* away, direct access to the Eastern Freeway, Westfield Doncaster and only minutes to Balwyn East shopping centre.

*Approx.
Pricing excludes GST