A rare chance to secure a high-elevation, north-facing 858m² block with 20m frontage in the heart of Balwyn with an expired permit for 4 townhouses , ideal for builders, investors, or families looking to capitalize on this prime location. Property Highlights: * Spacious 4-Bedroom Home - Currently tenanted at $750/week offering instant cash flow. * Development potential - Expired permit for 4 townhouses (STCA), presenting a lucrative opportunity. * Premium Location - Walk to Balwyn Village, top schools (Balwyn Primary, Fintona Girls') and tram routes. * Family-Friendly Layout - Master suite with WIR & ensuite, 3 additional bedrooms (BIRs), multiple living zones, and a sunlit open-plan kitchen/dining area. * Indoor-Outdoor Living - Central courtyard, spa bath, low-maintenance gardens, and double garage. * Elite School Zone - Minutes to Camberwell Grammar, MLC, Xavier College, Trinity Grammar,and more. * High Side of the Road - North-facing aspect with elevated views. Why Invest: * Strong capital growth in Balwyn's prestigious precinct. * Renovate, rebuild, or redevelop-flexibility for buyers. * Walking distance to shops, cafes, parks, and transport. * Short drive to Box Hill CBD & Eastern Freeway. Don't miss this dual-opportunity property - ideal as a high-yielding rental or a visionary development project.
