23 Lemon Road, Balwyn North

Set within a peaceful Balwyn North pocket, this substantial four-bedroom plus study residence presents an outstanding opportunity for families, investors and developers alike, enhanced by a generous **19.1m frontage** and **council-approved plans and permits for two high-end townhouses with basements, each approximately 54 squares**. With engineering also completed, purchasers can benefit from a significant head start in bringing the approved development vision to life. **Full approved plans and supporting documentation are available for interested purchasers upon request.**

Comfortable and immediately liveable in its current form, the existing single-level residence delivers generous proportions and excellent flexibility. Multiple living and entertaining zones include a spacious formal living room, separate dining and family areas, and a well-appointed central kitchen positioned at the heart of the home.

Four well-proportioned bedrooms with built-in robes are complemented by two bathrooms, while a dedicated study provides an ideal work-from-home space or additional versatility for growing families. Outdoors, a covered deck overlooks the established rear garden, creating an inviting setting for relaxed entertaining, children and pets.

Additional features include a separate laundry, ample storage, heating, carport accommodation and an expansive backyard.

The property is currently leased on a **month-to-month basis**, with the tenant aware of the intention to sell the property while the tenancy remains in place, providing ongoing rental income during the sales campaign and while future plans are considered.

Positioned in sought-after Balwyn North, close to quality schools, parks, shopping, cafés, public transport and easy freeway access, this is a compelling opportunity to secure a substantial landholding with an approved premium development proposition and significant long-term potential.

Inspection by appointment only