43 Nelson Street, Balaclava, Vic 3183

Private Sale: $2,000,000-$2,200,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, October 09, 2026 ( See property details for 43 Nelson Street, Balaclava, Vic 3183)

Private Sale: $2,000,000-$2,200,000

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

A versatile three-bedroom home on a generous 543sqm block in the heart of Balaclava, offering exciting renovation or development opportunities.

🏑 Property Highlights

  • Excellent potential for renovation, rebuilding, or multi-dwelling development (STCA)
  • Prime Balaclava location close to Carlisle Street, cafes, and transport
  • Spacious lounge and dining areas with a tidy kitchen/meals zone
  • Ducted heating for year-round comfort
  • Approximately 543sqm of land offering ample space
  • Off-street parking and a patio for outdoor living

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Workshop
  • Ducted Heating
  • Outdoor Area / Balcony
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Ample Storage
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43 Nelson Street
Balaclava, VIC 3183
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Vertical aerial view β€” 43 Nelson Street
43 Nelson Street — Vertical Aerial  •  Balaclava, VIC 3183  •  Nearmap © 2026

Balaclava is a vibrant suburb renowned for its eclectic cafes, parks, and excellent transport links. It offers a relaxed lifestyle with easy access to local amenities, renowned dining, and recreational spaces like Alma Park and Hewison Reserve. The area is highly sought after for its community atmosphere and potential for future growth.

What are the potential uses for the property?
The property offers potential for renovation, rebuilding a new home, or exploring multi-dwelling development (STCA), providing flexibility for various plans.
Is the property suitable for investment purposes?
Yes, with its excellent location and development potential, the property is ideal for investors seeking future growth or rental income.
What features are included for comfort and convenience?
The home includes ducted heating, ample storage, off-street parking, and a spacious outdoor patio for outdoor living.
Are there any restrictions or approvals needed for development?
Development plans are subject to council approval (STCA), so it is recommended to consult with local authorities for specific requirements.
What is the condition of the existing home?
The home is in immediate liveability, offering a comfortable space while planning for future renovation or rebuild.
Are there any zoning restrictions or easements affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any existing planning or development approvals or restrictions? What are the potential hidden costs associated with renovation or development? Is there any nearby construction or planning activity that could impact the property? Are there any strata or body corporate considerations if developing multiple dwellings? What are the local noise levels and neighbour considerations? Are there any known defects or issues with the existing structure? What are the council rates and potential development levies? Is the property compliant with all local building and safety regulations?

43 Nelson Street, Balaclava, Vic 3183 - More Details

Private Sale: $2,000,000-$2,200,000

A rare opportunity in the heart of Balaclava, this classic three-bedroom home on approximately 543sqm offers outstanding potential in a blue-chip location. Whether you choose to renovate, rebuild a luxurious new home, or explore a multi-dwelling development (STCA), the possibilities are exciting. With excellent existing accommodation and everything Balaclava has to offer just moments away, this is a property ready for its next chapter.

- Approx. 543sqm of land with excellent potential
- Classic three-bedroom home with immediate liveability
- Renovate, rebuild or develop (STCA)
- Spacious lounge and dining areas with a tidy kitchen/meals zone
- Ducted heating, patio, workshop and ample storage
- Off-street parking and the option to live in or lease out while planning
-Blue-chip location moments from Carlisle Street, cafes, transport, parks, Hewison Reserve, Alma Park and Balaclava Station
Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 43 Nelson Street, Balaclava, Vic 3183

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