89 Grosvenor St, Balaclava is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 203m2.
$1,600,000-$1,700,000
A wonderfully rare opportunity exists to secure a historic home with a second modern residence all on the one title. As you enter the estate past its high front fence you are instantly removed from the hustle and bustle of city life, to your left is a Japanese themed garden, further into the centre of the property is a very large European style courtyard which is ideal for large gatherings and celebrations and comes complete with a bluestone BBQ. There are two separate homes on the block, the front residence is a very modern double storey home which is currently set up as a self contained home/office, this would be ideal for use as a medical surgery or a similar work from home arrangement and has a full kitchen and bathroom, upstairs which is currently an open space could easily be converted into two bedrooms. The rear house is a beautiful four bedroom two bathroom home which exists in converted old stables and has retained much of its country style charm but has also been modernised for comfort.
The property has secure parking for two cars and offers you plenty of possibility and flexibility in how you live, work and play.
The size of Balaclava is approximately 0.8 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Balaclava in 2016 was 5396 people. By 2021 the population was 5392 showing a population decline of 0.1% in the area during that time. The predominant age group in Balaclava is 30-39 years. Households in Balaclava are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balaclava work in a professional occupation.In 2021, 49.00% of the homes in Balaclava were owner-occupied compared with 43.40% in 2016.
Balaclava has 3,674 properties. Over the last 5 years, Houses in Balaclava have seen a 1.12% increase in median value, while Units have seen a 1.05% increase. As at 28 February 2026:
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