20 Grey Street, Balwyn, Vic 3103

Spanning a deep allotment of 790sqm approx. this property presents an outstanding opportunity to consider the options available. The value and investment potential of this opportunity is underpinned by a renowned family location in an area which has seen considerable renewal in recent times. Developers will see the potential to build a luxurious new family residence or multiple townhouses on the site utilising the site’s depth.  Alternatively renovators with foresight could renovate, update and extend the home into the deep rear garden if desired (STCA). 

The existing brick home originally built in 1982 is typical of the styling in that era, featuring tiled and slate floors, timber beams and ceilings. With the interior over two levels featuring a study/home office, three zoned bedrooms with built-in robes, two family bathrooms and a laundry. A front living room with an OFP leads to a modern kitchen equipped with granite bench tops, premium Rosieres stove and Bosch dishwasher in a family dining and living room. Spilling out to a sunny northern paved outdoor dining or entertaining area and the deep rear garden with two magnificent old Eucalyptus trees. The upper level has a main bedroom with a study annex, WIR, and ensuite; opening to a wide northern balcony. Other features of the home include R/C air conditioners (on both levels), ample internal storage, solar panels, garden sheds and a double carport.

The value of this property is enhanced by many desirable lifestyle benefits offered by its surrounding Deepdene and Balwyn amenities. Just moments from the popular Balwyn Cinema, also a choice of popular restaurants along Whitehorse Road. Close to Burke or Whitehorse Road shopping and just a short stroll to Deepdene Primary plus it has Kew High zoning also minutes to public transport options to access many of Melbourne’s elite schools. Several nearby parks plus the Outer Circle trails all provide amenities for family recreation.