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SOLD

47 Sutton Street, Balwyn North, VIC 3104

Properties / Sold / Victoria / Balwyn North

Development Approved

1. Property Summary

Property Type

Commercial, Residential

Sub Type

Townhouse Sites

Land Area

815 m² (*approx)

Selling Method

Auction: $2,000,000 - $2,200,000

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2. Property Highlights

REDEVELOPMENT OPPORTUNITY MINUTES FROM BALWYN HIGH SCHOOL

This traditional red clinker brick home offers outstanding potential for future redevelopment and an enviable entry into the Balwyn High School Zone. The premier elevated allotment comes with an approved planning permit for 2 townhouses, or the opportunity (STCA) to construct a luxury, double storey residence that will capitalise on the superb city skyline views.

An excellent rental investment in the short or long term, the home is immaculately maintained with a generous family-friendly layout including interconnecting living and dining rooms and extended family room.

The proposed new townhouses will boast 5 bedrooms each, including guest and master suites, an open kitchen/family/dining area, living area and butler's pantry.

Balwyn High and Balwyn North Primary are just around the corner and St Bede's Primary nearby. Catch bus and tram to the CBD, walk to North Balwyn Village shops and cafes. Minutes to Greythorn SC, parks and sporting facilities, Eastern Freeway and Park+ Ride.

Large open kitchen with ample storage
Gas cooktop and electric oven
2 light and fresh bathrooms
As new carpets
Gas ducted heating, split system A/C and OFP
Single garage

Terms: 10% deposit, balance 30/60 days

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