Nestled in one of Balwyn’s most prestigious pockets, this exceptional approx. 931sqm allotment presents a rare opportunity for developers, investors, or families seeking to create their dream home (STCA), all within the highly sought-after Balwyn High School Zone. Boasting remarkable flexibility, this premium site is ideal for a luxurious single residence or a boutique multi-dwelling development (STCA). Its generous proportions and prime location promise both long-term capital growth and lifestyle rewards. Key Features: • Expansive 931sqm (approx.) allotment • Situated within the coveted Balwyn High School Zone • Existing plans for three luxury townhouses (STCA) • Quiet, tree-lined street with strong amenity value • Close to Whitehorse Road shopping precinct, cafes, restaurants, and Balwyn Cinema • Excellent access to public transport, including trams and buses • Walking distance to Beckett Park, Maranoa Botanic Gardens, and leading schools • Zoned Neighbourhood Residential (NRZ3) under Boroondara Planning Scheme This is a blue-chip opportunity to secure a commanding site in one of Melbourne’s most desirable eastern suburbs. Surrounded by high-calibre homes and a welcoming community, 16 Winmalee Road offers the perfect foundation for your next project or family legacy. Build Your Future in a Prestige Location With so few vacant blocks remaining in Balwyn, especially within the BHS zone, this is your chance to secure a rare slice of one of Melbourne’s most tightly held suburbs.