Nelson Alexander Commercial is delighted to offer for Private Sale these two exceptional side-by-side mixed-use investment opportunities. Available individually or together, purchasers have the flexibility to acquire one or both properties. Each property comprises a ground floor retail premises with a spacious 23 bedroom residence above, together with valuable rear access and on-site parking. Both properties are currently leased to established tenants on short-term leases, providing immediate rental income while offering flexibility to renew the leases or occupy in the future. There is also outstanding scope to enhance both the rental return and long-term value through refurbishment or redevelopment (STCA), making these highly appealing opportunities for investors, owner-occupiers and value-add buyers alike. Positioned in a tightly held blue-chip location, these are rare mixed-use offerings with significant upside potential. Opportunities of this calibre are seldom available, and we highly recommend your consideration.Key Property Features: Commercial 1 Zone (C1Z) Land Area: 402m (approx.) Building Area: 260m (approx.) Two Prime Freeholds in Blue-Chip North Balwyn Available Individually or Together Buy One or Buy Both Ideal for Investors and Owner-Occupiers Two Ground Floor Retail Shops Plus Two 23 Bedroom Residences Excellent Value-Add Opportunity with Potential to Increase Rental Return (STCA) Rear Access with On-Site Parking Public Car Park at the Rear for Convenient Customer Parking Close to Public Transport and Excellent Local AmenityFor all property enquiries or to arrange an inspection please contact exclusive selling agents Nelson Alexander Commercial on 9419 5511.
The size of Balwyn North is approximately 9.1 square kilometres. There are 20 parks, covering nearly 15.7% of the total area. The population of Balwyn North in 2016 was 20406 people. By 2021 the population was 21302 showing a population growth of 4.4% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation.In 2021, 78.10% of the homes in Balwyn North were owner-occupied compared with 78.40% in 2016.
Balwyn North has 9,208 properties. Over the last 5 years, Houses in Balwyn North have seen a -2.17% decrease in median value, while Units have seen a 8.61% increase. As at 30 June 2026:
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