383 Belmore Road,
Balwyn, VIC 3103

CBRE is delighted to present to the market for sale an exceptional corner landholding in one of Melbourne's premium eastern suburbs. The property is better known as 383 Belmore Road, Balwyn and located at the junction of Belmore and Union Roads. This site will entice the interest of owner occupiers, developers and even local home buyers. Key features include:

- Land area of 1,286sqm* and zoned Residential 1 (R1Z)
- Existing improvements currently used as education facility, consisting 550sqm* single storey building + at grade car park
- Opportunity to offset holding costs with short term lease covenent until late 2015
- Next door to East Balwyn shopping strip anchored by a Coles supermarket and a variety of cafes and other specialty stores
- Less than 3km* from the highly coveted Balwyn High School

*approx

The property is being offered for sale via a Public On-Site Auction on Friday, 30th May 2014 at 12.00pm (AEST)