125-127 Doncaster Road, Balwyn North, VIC
A permit approved landholding at 125-127 Doncaster Road, Balwyn North has been listed for sale by Stonebridge Property Group represented by Julian White, Chao Zhang and Jacob Biviano. The development site is permit approved for a 3 level luxury residential project comprising twelve (12) apartments and occupies a prime location within Balwyn North.
The property is situated on the corner of Doncaster Road and Fortuna Avenue on an expansive 1,374 sqm* landholding boasting a total frontage of 73 m*.
Situated in one of Melbourne’s most exclusive postcodes in the Balwyn High School zone, the property has immediate access to Doncaster Road Tram 48, allowing connectivity to Melbourne’s CBD & eastern suburbs and is only 250 m* from North Balwyn retail strip & Macleay Park (700 m*).
Located within an affluent suburb which has experienced a median house price increase of 17.8% over the past 24 months^, illustrating high demand in the area. The property has potential for alternate uses including townhouses, medical or childcare (STCA).
“The permit approved apartments designed by Nicholas Day Architects, are a luxury product targeting buyers that are wishing to downsize and live in a boutique community surrounded by retail amenity,” said Stonebridge National Partner, Julian White.
125-127 Doncaster Road, Balwyn North is for sale via Public Expressions of Interest closing Thursday 20th April 2023 at 2:00pm (AEST).
*Approximately
^https://reiv.com.au/market-insights/suburb/balwyn%20north
