229 Doncaster Road, Balwyn North VIC 3104

A significant opportunity to secure an expansive 819m² (approx.) block complete with approved plans and permits for a 3 dwelling development. A prized parcel in Melbourne's prestigious East, enjoying zoning for Balwyn High and situated within walking distance to Greythorn Central shopping strip, schools, parks, Route 48 tram terminal and other public transport. A developer's goldmine, this rare and impressive property will attract wide interest.

Currently presented as an updated, classic cream brick home with 4 bedrooms, 2 bathrooms, a well-equipped kitchen and spacious lounge, serviced by ducted heating and evaporative cooling throughout. An extended driveway leading to a single carport and a car space with an adjoining office, provides some versatility to the home's existing offering.

The options are endless with scope to renovate and extend or knock down and rebuild one grand dream home (STCA). Alternatively, leverage approved plans and start the exciting journey towards a residential development of luxurious living in one of Melbourne's most highly desirable locales.

Proposed as a boutique development of 3 spacious townhouses embracing quality finishes and premium fittings. Each home is arranged over two magnificent levels of open plan living encompassing 4 bedrooms and multiple bathrooms, decked outdoor entertaining spaces and garage parking.

Superbly located within walking distance to essential amenities and easy driving proximity to Boroondara Sports Complex and Westfield Doncaster, this property will deliver on convenience, lifestyle and long term capital growth.