1-4, 1 Leonard Street,
Balwyn, VIC 3103

Occupying an enormous block of land (approx 1403sqm) just north of Whitehorse Road, these four spacious villas present a solid and secure investment opportunity with limitless future potential to renovate or possibly redevelop (STCA). Separately titled and each with its own lock-up garage, these mirror-image homes comprise two double bedrooms (both with robes), central bathroom and separate WC, open-design living/dining area and adjoining kitchen with gas cooktop/electric oven, plus a full-size laundry, heating and cooling, wide rear courtyard. A combined rental income of around $80k per annum and Neighbourhood Residential Zoning (NRZ3) add to the appeal of this potential-packed property situated in an exclusive location (zoned to Balwyn High School), moments from Deepdene Park, cafes and trams, easy access to vibrant shopping precincts and the area's finest private schools. Absolutely one of a kind! Nelson Alexander Pty Ltd.