40 Hill Road, Balwyn North, Vic 3104

Boasting an outstanding family location in the coveted Balwyn High zone, this fine elevated brick family home graces a generous allotment of 751sqm approx. with a wide frontage. Positioned on the high side of the street it features lovely views to the north-east and is likely to appeal to buyers seeking a prominent site in this highly regarded zone. The range of options includes the construction of a luxurious new family residence, townhouses, or alternatively offering ample scope to renovate and extend if preferred. With either option promising excellent capital gains prospects in one of Melbourne’s most sought-after residential precincts (all options STCA).

The site is currently occupied by a brick family home c1953; with the interior showcasing the styling and accommodation typical of its era. Featuring an entrance hall with timber flooring flowing to a spacious formal sitting room and a dining room, a basement level study, four bedrooms with built-in robes, main with an ensuite and a period-style family bathroom. A central kitchen has an adjacent laundry and generous family living and dining room with tall northern windows opening to the garden. Other features include ducted heating, OFP and R/C air conditioner (sitting room) plus a remote double garage and storage with secure internal access. Buyers should note it presents in very good order throughout and could be comfortably occupied or leased while a decision on its future is made.

This rare opportunity is highlighted by several sought-after lifestyle benefits alongside its Balwyn High zoning, including a location moments from Marcellin College with Koonung Creek Reserve and tracks at the end of the street. Close to North Balwyn Village and only a short stroll to Bellevue or Boroondara Park Primary schools, kindergartens, local shops, restaurants and transport plus quick Eastern Freeway/CBD access.