2 Almond Street, Balwyn North, Vic 3104

Auction $2,200,000 - $2,400,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
1,148 mΒ²
Area

Last updated on Friday, August 07, 2026 ( See property details for 2 Almond Street, Balwyn North, Vic 3104)

Auction $2,200,000 - $2,400,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile Balwyn North property on a substantial 1,148sqm block, offering excellent redevelopment potential, current income, and prime location close to amenities and top schools.

🏑 Property Highlights

  • Exceptional 1,148sqm allotment with multi-townhouse redevelopment potential (STCA).
  • Leased two-bedroom residence providing immediate income at $495 per week.
  • Prime location within the prestigious Balwyn High School zone.
  • Generous living spaces including a living room with split-system heating and cooling.
  • Convenient access to public transport, shopping, and recreational amenities.
  • Flexible property suitable for renovation, new build, or redevelopment.

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Garage / Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Split-System Heating and Cooling
  • Double Carport
  • Fully Fenced
  • Secure Parking
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2 Almond Street
Balwyn North, VIC 3104
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Vertical aerial view β€” 2 Almond Street
2 Almond Street — Vertical Aerial  •  Balwyn North, VIC 3104  •  Nearmap © 2026

Balwyn North is a highly sought-after suburb renowned for its prestigious schools, leafy streets, and excellent amenities. It offers a family-friendly environment with easy access to public transport, shopping precincts, and recreational parks. The area boasts strong growth potential, making it ideal for investors and developers seeking a premium Melbourne location.

What are the redevelopment possibilities for this property?
The property offers significant multi-townhouse redevelopment potential (subject to council approval), making it ideal for developers and investors seeking to maximise land use.
Is there existing income from the property?
Yes, the current two-bedroom residence is leased on a periodic tenancy at $495 per week, providing valuable holding income.
What are the key features of the existing residence?
The home includes a generous living room with split-system heating and cooling, a separate dining area, a spacious kitchen with a dishwasher, a central bathroom, and ample off-street parking including a double carport.
How accessible is the property to public transport and amenities?
The property is within walking distance of Doncaster Road trams and buses, with easy access to the Eastern Freeway, Greythorn Village, Westfield Doncaster, and nearby parks and trails.
What are the zoning and planning considerations?
The property is located within the Balwyn High School zone and offers potential for redevelopment, subject to council approval and planning permits.
Are there any zoning restrictions or planning overlays that could affect redevelopment plans? What are the potential costs associated with subdivision or redevelopment approval? Are there any easements, covenants, or restrictions on the land? Has the property been tested for flood or bushfire risks? Are there any upcoming planning or development proposals in the area that could impact the property’s value?

2 Almond Street, Balwyn North, Vic 3104 - More Details

Auction $2,200,000 - $2,400,000

Occupying an exceptional 1,148sqm (approximately) allotment in the prestigious Balwyn High School zone, this outstanding landholding presents a rare opportunity to capitalise on significant multi-townhouse redevelopment potential (Subject to Council Approval). With generous dimensions and substantial land area, the site is ideally suited to developers, builders and investors seeking their next blue-chip project in one of Melbourne's most tightly held locations.

The existing two-bedroom residence is comfortably presented and currently leased on a periodic tenancy at $495 per week, providing valuable holding income while plans and approvals are pursued. Accommodation includes a generous living room with split-system heating and cooling, separate dining room, kitchen, central bathroom and ample off-street parking including a double carport.

Beyond its exciting redevelopment prospects, the property also offers the flexibility to renovate or construct a luxury new family residence on a substantial parcel of land.
Positioned within walking distance of Doncaster Road trams and buses, the property also enjoys convenient access to the Eastern Freeway, Greythorn Village, Belmore Road shopping precinct, Westfield Doncaster, Koonung Creek Trail and Leigh Park. Zoned for the highly acclaimed Balwyn High School and Boroondara Park Primary School, this is an exceptionally rare opportunity to secure one of Balwyn North's most compelling development sites.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
1,148 mΒ²

Price guide

View Statement Of Information

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Inspections times

  • Inspection Sat 15 Aug 11:00 am

    Saturday 15 August
    11:00 am - 11:30 am

Auctions

  • 2 Almond Street, Balwyn North, Vic 3104

    Saturday 15 August
    11:30 am
  • 2 Almond Street, Balwyn North, Vic 3104

    Saturday 29 August
    11:30 am
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