143 Hotham Street, Balaclava, Vic 3183

$1,575,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
592 m²
Area

Last updated on Saturday, June 20, 2026 ( See property details for 143 Hotham Street, Balaclava, Vic 3183)

$1,575,000

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A versatile Balaclava home on a substantial 592sqm block with exciting renovation and development potential in a prime lifestyle location.

🏡 Property Highlights

  • Prime 592sqm allotment in sought-after Balaclava location
  • No Heritage Overlay, offering flexible development options (STCA)
  • Existing charming period features including fireplaces and decorative cornicing
  • Versatile rear studio suitable as home office or additional bedroom
  • Excellent rear access for potential further development or parking
  • Close to Carlisle Street, Ripponlea Village, cafes, and transport

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Ceiling Fans
  • Fireplaces
  • Decorative Cornicing
  • Outdoor Area
  • Secure Parking
  • Ensuite
  • Waterfront / Views

Balaclava is a vibrant suburb renowned for its eclectic mix of cafes, boutique shopping, and cultural attractions. It offers excellent transport links, proximity to Ripponlea Village, and a strong community vibe. The area features a blend of period homes and modern developments, making it ideal for families and professionals alike. With its leafy streets and convenient amenities, Balaclava provides a highly desirable lifestyle. The suburb’s ongoing growth and development ensure it remains a sought-after address for discerning buyers.

What are the potential development options for this property?
With no Heritage Overlay and a substantial 592sqm allotment, the property offers scope for renovation, building a new residence, dual occupancy, or further development (STCA).
Is there scope to extend or renovate the existing home?
Yes, the existing period features and spacious layout provide a flexible foundation for renovation or extension, subject to council approval.
What amenities are nearby?
The property is conveniently located close to Carlisle Street, Ripponlea Village, cafes, restaurants, and public transport options.
Are there any heritage restrictions on the property?
No, there is no Heritage Overlay in place, allowing greater flexibility for development and renovation.
What is the condition of the existing home?
The home features charming period details and a blank canvas interior, ideal for renovation or restoration projects.
Are there any planning restrictions or zoning issues that could affect development or renovation plans? What are the potential costs associated with restoring or renovating the existing home? Are there any easements, covenants, or encumbrances on the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming council or community development plans that could impact the property? What are the strata or body corporate considerations, if applicable? Are there any nearby construction activities or planned developments that could affect the property? What are the ongoing maintenance costs for the existing features and structure? Are there any restrictions on building height or design due to local planning policies? Is the rear access suitable for future development or parking needs?

143 Hotham Street, Balaclava, Vic 3183 - More Details

$1,575,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
592 m²

Price guide

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