Positioned in a highly sought-after location, this comfortable home sits proudly on an elevated allotment of approximately 708 sqm, offering exceptional potential in a General Residential Zone Schedule 5 (allowing up to 3 storeys or 11 metres, STCA).<br/><br/>Within the prestigious Balwyn High School zone, the property is ideally situated close to Boroondara Sports Complex, local parklands, public transport, village shopping, popular cafés, and easy freeway access ensuring a lifestyle of complete convenience.<br/><br/>The existing residence enjoys sweeping northern views and features a spacious lounge, second living area, an updated kitchen/meals zone, three bedrooms, central bathroom, and a second WC. Additional highlights include off-street parking for two cars and a workshop/studio space.<br/><br/>An outstanding opportunity to renovate, rebuild or redevelop (STCA) in one of Balwyn North's most desirable pockets.<br/>.