23 Lemon Road, Balwyn North, Vic 3104

$1,850,000 - $2,000,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
805 mΒ²
Area

Published on Monday, September 07, 2026 ( See property details for 23 Lemon Road, Balwyn North, Vic 3104)

$1,850,000 - $2,000,000

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

A versatile family home on a substantial block with approved development plans in a highly sought-after Balwyn North location.

🏑 Property Highlights

  • Approved plans and permits for two high-end townhouses with basements, offering development potential.
  • Generous 805 m² land size with a 19.1m frontage, ideal for future redevelopment or investment.
  • Existing comfortable four-bedroom residence with flexible living spaces and a dedicated study.
  • Prime location in sought-after Balwyn North, close to schools, parks, shopping, and transport.
  • Currently leased with ongoing rental income, providing immediate cash flow during sale process.
  • Well-established rear garden with covered deck, perfect for entertaining and family activities.

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area / Balcony
  • Heating
  • Garage / Secure Parking
  • Internal Laundry
  • Pet-Friendly
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23 Lemon Road
Balwyn North, VIC 3104
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Vertical aerial view β€” 23 Lemon Road
23 Lemon Road — Vertical Aerial  •  Balwyn North, VIC 3104  •  Nearmap © 2026

Balwyn North is a highly desirable suburb renowned for its leafy streets, excellent schools, and vibrant community. It offers convenient access to parks, shopping precincts, and public transport, making it ideal for families and investors seeking a premium lifestyle. The area combines tranquility with connectivity, ensuring a balanced and convenient living environment.

What is the current condition of the property?
The property is comfortably liveable in its current form, with spacious living areas, a well-maintained garden, and modern amenities.
Are the approved plans for the townhouses available for review?
Yes, full approved plans and supporting documentation are available upon request for interested purchasers.
What is the potential for future development on this site?
The site has council-approved plans for two high-end townhouses with basements, offering significant development potential.
Is the property currently leased?
Yes, the property is leased on a month-to-month basis, providing ongoing rental income during the sales process.
What amenities are nearby?
The property is close to quality schools, parks, shopping centres, cafΓ©s, public transport, and easy freeway access.
Are there any additional costs or fees associated with the approved development plans? Have all necessary permits and approvals been obtained, and are there any pending applications? Are there any easements, zoning restrictions, or covenants that could affect future development? Is the property prone to flooding, bushfire risk, or other environmental hazards? Are there any upcoming planning or construction projects in the area that could impact the property’s value or livability?

23 Lemon Road, Balwyn North, Vic 3104 - More Details

$1,850,000 - $2,000,000

Set within a peaceful Balwyn North pocket, this substantial four-bedroom plus study residence presents an outstanding opportunity for families, investors and developers alike, enhanced by a generous **19.1m frontage** and **council-approved plans and permits for two high-end townhouses with basements, each approximately 54 squares**. With engineering also completed, purchasers can benefit from a significant head start in bringing the approved development vision to life. **Full approved plans and supporting documentation are available for interested purchasers upon request.**

Comfortable and immediately liveable in its current form, the existing single-level residence delivers generous proportions and excellent flexibility. Multiple living and entertaining zones include a spacious formal living room, separate dining and family areas, and a well-appointed central kitchen positioned at the heart of the home.

Four well-proportioned bedrooms with built-in robes are complemented by two bathrooms, while a dedicated study provides an ideal work-from-home space or additional versatility for growing families. Outdoors, a covered deck overlooks the established rear garden, creating an inviting setting for relaxed entertaining, children and pets.

Additional features include a separate laundry, ample storage, heating, carport accommodation and an expansive backyard.

The property is currently leased on a **month-to-month basis**, with the tenant aware of the intention to sell the property while the tenancy remains in place, providing ongoing rental income during the sales campaign and while future plans are considered.

Positioned in sought-after Balwyn North, close to quality schools, parks, shopping, cafΓ©s, public transport and easy freeway access, this is a compelling opportunity to secure a substantial landholding with an approved premium development proposition and significant long-term potential.

Inspection by appointment only
Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
805 mΒ²

Price guide

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