Prime location for investment or potential 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