5 Larbert Avenue, Balwyn North VIC 3104

Positioned in one of Balwyn North's most sought-after family pockets, this substantial landholding of approximately 724sqm presents an outstanding opportunity for developers, builders, investors and prestige home buyers alike. Located within the coveted Balwyn High School Zone and surrounded by premium new homes, the property offers exceptional scope for redevelopment, a luxury new residence or a boutique multi-dwelling project, subject to council approval. The existing four-bedroom home provides comfortable accommodation and potential rental income while future plans are explored, allowing purchasers to secure a blue-chip site with flexibility and holding income. Adding further appeal is the superb location, moments from Balwyn High School, Boroondara Park Primary School, North Balwyn Village, Greythorn Shopping Centre, parklands, city-bound transport and Eastern Freeway access. This is a rare opportunity to secure a quality parcel of land in an area where demand for premium new homes continues to remain strong. Key Highlights • Approx. 724sqm landholding • Balwyn High School Zone • Existing four-bedroom home providing holding income potential • Ideal new home site, redevelopment or multi-dwelling opportunity (STCA) • Surrounded by premium luxury residences • Close to North Balwyn Village, Greythorn Shopping Centre and parklands • Easy access to CBD transport and Eastern Freeway • Blue-chip Balwyn North location with strong long-term growth credentials