Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

+6 Photos

1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

Balwyn

×
Sold Check
+8 Photos

1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

Balwyn

SOLD
1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

Properties / Sold / Victoria / Balwyn
Development Potential
Property Type
Residential
Sub Type
Apartment Sites, Townhouse Sites
Land Area
1,169 m² (*approx)
Selling Method
Auction: $2.1m - $2.3m
Auction Date
17 Dec 2022 11:00AM
Show All
Huge 3-For-1 Investment Opportunity

You can register to bid online for this property up to 10am on Saturday 17th December through the following link: https://anywhereauctions.com.au/app/property?propertyId=28350

The ONE Investment you have been waiting all year for!!

Housing 3 magnificent properties on approx. 1169sqm, this massive block is a rare and exciting opportunity to score a huge chunk of sought-after Balwyn. Continue leasing these tenanted homes, or take advantage of NRZ/NRZ2 Zoning for total redevelopment (STCA).

Savvy investors can simply land bank the 3 existing units as is, with all 3 tenants happy to continue on ( currently ) on a month-to-month basis. Each low-maintenance unit offers a comfortable lounge, kitchen/meals with laundry access, large bedrooms with BIRs and a central bathroom. Otherwise you can start fresh with multiple apartments/townhouses (STCA) just a minute’s walk to Belmore Road shops/dining, or finally build your dream home in the coveted Balwyn postcode with scenic views to the Dandenongs!

It’s just minutes to Box Hill Central, Westfield Doncaster, The Village Balwyn North or Greythorn Shopping Centre, as well as Box Hill Hospital and several specialist medical suites. A 2-minute Walk to Belmore Road Shops, Walk or ride to the Koonung Creek Trail and Elgar Park, with excellent school zones including Greythorn Primary, Box Hill Senior Secondary and Box Hill TAFE.

Eastern Freeway access is easy via Winfield Road or Elgar Road. The auction will commence on the 17th December at 11am with a settlement period of 30/60/90 days and vacant possession available.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

360 Belmore Road Development Site Summary

Property Type
Residential
Sub-type
Apartment Sites, Townhouse Sites
Land Area
1,169 m² (*approx)
Selling method
Auction: $2.1m - $2.3m
Auction Date
17 Dec 2022 11:00AM

Development Site Highlights

Huge 3-For-1 Investment Opportunity

You can register to bid online for this property up to 10am on Saturday 17th December through the following link: https://anywhereauctions.com.au/app/property?propertyId=28350

The ONE Investment you have been waiting all year for!!

Housing 3 magnificent properties on approx. 1169sqm, this massive block is a rare and exciting opportunity to score a huge chunk of sought-after Balwyn. Continue leasing these tenanted homes, or take advantage of NRZ/NRZ2 Zoning for total redevelopment (STCA).

Savvy investors can simply land bank the 3 existing units as is, with all 3 tenants happy to continue on ( currently ) on a month-to-month basis. Each low-maintenance unit offers a comfortable lounge, kitchen/meals with laundry access, large bedrooms with BIRs and a central bathroom. Otherwise you can start fresh with multiple apartments/townhouses (STCA) just a minute’s walk to Belmore Road shops/dining, or finally build your dream home in the coveted Balwyn postcode with scenic views to the Dandenongs!

It’s just minutes to Box Hill Central, Westfield Doncaster, The Village Balwyn North or Greythorn Shopping Centre, as well as Box Hill Hospital and several specialist medical suites. A 2-minute Walk to Belmore Road Shops, Walk or ride to the Koonung Creek Trail and Elgar Park, with excellent school zones including Greythorn Primary, Box Hill Senior Secondary and Box Hill TAFE.

Eastern Freeway access is easy via Winfield Road or Elgar Road. The auction will commence on the 17th December at 11am with a settlement period of 30/60/90 days and vacant possession available.

Remember to mention you found this property on DevelopmentReady

Read More

Supporting Information

The links below will open a new tab

Development Potential

Finance Calculator

1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103

One moment please.

Retrieving map...

Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report
1, 2, 3, 360 Belmore Road, BALWYN, VIC 3103 Balwyn