Description
Prime location for investment or potential development
Land/Development Sold - Balwyn North VIC
Set on a generous block of 676m2 approx in this fantastic location with options of local transport, walking distance to North Balwyn Village and Balwyn High School.
A very Spacious brick home converted for commercial use at the front with self-contained dwelling at the rear.
Commercial space is currently-PODIATRY CLINIC:
Comprising – waiting room, office/reception and 3 consulting rooms.
Currently on a lease and returning $26,420PA.
REAR DWELLING: includes: – entrance hall, good size lounge, separate dining room, sunroom, large kitchen/meals, Bedroom with BIR’s, bathroom, separate toilet plus 3 ground floor storerooms, laundry and double garage.
Current rental $20,592 PA
• Land size: 676m2 Approx
• Zoned: Development Zone General Residential Zone – Schedule 5
• Current commercial lease with residential lease at rear
• Currently returning $47,012 PA
This highly sought location will suit long term investment or potential development, STCA.
INSPECT: By appointment only
Price guide
$1,700,000-$1,800,000
Open inspection
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Property Features
- Land/Development
- 1 Parking Spaces
- Land is 676 square
- Garage
- 2 Car Spaces
- Close to Schools
- Close to Shops
- Close to Transport