$4,125,000
16 Bed • 8 Bath • 8 Car
New
275 Balaclava Road, Caulfield North VIC 3161
$4,125,000
Home loan calculator
The monthly estimated repayment is calculated based on:
Listed display price: the price that the agent(s) want displayed on their listed property. If a range, the lowest value will be ultised
Suburb median listed price: the middle value of listed prices for all listings currently for sale in that same suburb
National median listed price: the middle value of listed prices for all listings currently for sale nationally
Note: The median price is just a guide and may not reflect the value of this property.
What's around Balaclava Road
Block of Units description
“Prime Investment Opportunity in Caulfield North”
Welcome to 275 Balaclava Road, Caulfield North, a stellar opportunity for developers and investors to capitalise on a unique and highly sought-after property. This exceptional site, currently generating an impressive rental income and has recently experienced significant growth in rental yield, reflecting the area's increasing demand and value. Spanning approximately 786sqm of land with dual street frontages, the property comprises 8 x 2-bedroom apartments, each featuring spacious layouts and the convenience of off-street parking.
Nestled in a vibrant locale, this prime position offers superb connectivity to public transport, lush parks, prestigious schools, train stations, and a plethora of popular restaurants and cafes. Just a stone's throw from Caulfield Train Station and the renowned Monash Campus, the property presents vast potential for redevelopment (STCA). With options to increase building height and explore underground construction, astute investors have a golden opportunity to leverage the tightening rental market, thereby boosting returns and adding substantial value.
The site falls under the zoning categories of General Residential Zone (GRZ) and General Residential Zone 2 (GRZ2), further enhanced by a Parking Overlay (PO) and Student Housing Parking Overlays (PO2-3).
Caulfield North is a hub of attraction for those seeking an outstanding suburban lifestyle and unparalleled investment opportunities. Located opposite the expansive 60-plus-acre Caulfield Park, residents enjoy easy access to vast outdoor spaces for recreation and relaxation. The suburb is also home to a fine selection of local schools, shops, and convenient public transport options.
Seize this once-in-a-lifetime investment chance in Caulfield North. Reach out to Jonathon Bird today to schedule an inspection and embark on your journey to lucrative property ownership in this prime location. An Information Memorandum is available for your detailed review. Act now to unlock the immense potential at 275 Balaclava Road, Caulfield North's premier investment opportunity, boasting a remarkable and growing rental return.
Documents
Property video
Can't inspect the property in person? See what's inside in the video tour.
What's around Balaclava Road
Inspection times
Contact the real estate agent
Send an enquiry
Agency profile
Nearby schools in and around Caulfield North, VIC
Top reviews by locals of Caulfield North, VIC 3161
Discover what it's like to live in Caulfield North before you inspect or move.
Discussions in Caulfield North, VIC
Wondering what the latest hot topics are in Caulfield North, Victoria?
Other properties from RT Edgar - Albert Park
Properties for sale in nearby suburbs
- 16
- 8
- 8