Stamped with the seal of approval and ready to start its new life, this four bedroom brick home on 751sqm approx. comes with endorsed plans and permits to construct 12 luxurious apartments. On the edge of famed Balwyn Village with its many acclaimed eateries, high-end retail and convenient fresh food shops, there are also a range of lucrative commercial and residential development possibilities (STCA). Offering pleasing potential to lease out while finalizing details, this home is zoned for Balwyn Primary School and Camberwell High School. With the 109 tram at the door for a quick trip to elite private schools, Kew Junction and the CBD, enjoy the pleasant walk to Beckett Park, Maranoa Gardens and the library from this prestigious location. - Original four bedroom home on 751sqm approx. - Comes with endorsed plans and permits to build 12 luxurious apartments - Commercial and residential development possibilities (STCA) - On the edge of bustling Balwyn Village - Metres to restaurants, cafes and fresh food retailers - Catch the tram to private schools and the city - Currently features two living areas, a bathroom and a garage with rear access - Zoned for Balwyn Primary School and Camberwell High School - Walk to Beckett Park and Maranoa Gardens