3 Lime Ave, Balwyn North is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 1138m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
An exceptional opportunity to redevelop this substantial 1,138 sq m (approx.) allotment. The level block with rear northern orientation, mountain views to the east and a sweeping panorama from a prospective upper level (STCA), presents varied options. There is also ample scope to renovate/extend (STCA) the character-filled, mid-century timber home on site.
Picture a new prestige residence, 2 luxury homes or a multi-townhouse development, all (STCA). Alternatively, the layout of the existing home is mainly original, with the living areas, bedrooms and bathrooms well maintained and presented, and featuring a modern, well-equipped kitchen. Extend the home (STCA) and maximise the land space to create a stunning new family lifestyle residence.
Zoned for Koonung Secondary College and Greythorn Primary School, with an easy walk to St Bridget's Primary School. The CBD bus runs on Doncaster Road, with the bus to Box Hill just around the corner on Greythorn Road. Park + Ride, Eastern Freeway, Koonung Trail, Greythorn Park and Greythorn and Balwyn East local shops are nearby.
* Substantial 1,138 sq m (approx.) level allotment
* Exceptional potential for redevelopment (STCA)
* New luxury home or townhouses (STCA)
* Original character-filled mid-century home
* Potential to extend/renovate (STCA)
* Ideally close to a wide range of family-focused amenities
Terms: 10% deposit, balance 30/60 days
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Fletchers COVID-19 Update
Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to refrain from touching any surfaces, opening cupboards, drawers, windows, and doors when inspecting a property.
For more information, please visit: fletchers.net.au/response-to-covid-19
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The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of 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 9,199 properties. Over the last 5 years, Houses in Balwyn North have seen a 14.27% increase in median value, while Units have seen a 14.24% increase. As at 30 November 2025:
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