1 Balmoral Avenue

Sandringham VIC 3191

Approved Dual Occupancy Corner Site with Immediate Returns. Rare Development Opportunity Plans & Permits Approved for Two Large Townhouses. Move in or develop. Set on a prominent corner block with dual street frontages to Balmoral Avenue and George Street, this premium 581sqm (approx.) site comes complete with endorsed plans and permits for two substantial double-storey townhouses, each with their own street address and title. This is a true turn-key development opportunity for builders and developers: Two x 4-bedroom luxury residences, each featuring open-plan living, spacious kitchens with walk-in pantries, generous master suites with walk-in robes, multiple bathrooms, and rumpus retreats. Secure garaging with direct internal access plus private landscaped gardens. Corner allotment ensuring separate driveways and maximum design appeal. Compliance-ready: WSUD (Water Sensitive Urban Design) report and Tree Management Plan endorsed,stormwater and landscaping requirements already addressed. The existing upgraded home can be leased immediately at $1,100 per week, providing a strong holding income stream while you finalise your building schedule. Situated in the heart of Sandringham, this property is perfectly positioned and offers: - Short distance to Sandringham Village, beaches, parks, and schools.- Easy access to public transport and major arterials.- High-demand lifestyle pocket ensuring strong resale or rental returns once completed.- Approved plans mean immediate build-readiness no delays waiting on council.- Dual frontage and separate titles create two premium standalone residences with high market appeal.- Rental holding income ensures cash flow while you prepare construction. Take advantage of this incredible opportunity now.