1 & 2/2B Threadneedle Street, Balwyn

Dual Living with Future Growth (Unit1 & Unit 2)

Quietly situated in the sought-after suburb of Balwyn, the distinctive dual-unit residence
presents a unique investment opportunity set against a backdrop of a lush, tree-lined street. This property not only promises the security and permanence of a bricks and mortar investment but also comes with a substantial land component, adding to its long-term value.

Unit 2, on the first floor, exudes comfort and light, featuring two bedrooms that bask in the glow of the northern sun. This apartment extends into a living and dining area that spills out onto a balcony, offering expansive views and a seamless indoor-outdoor living experience. The open-plan kitchen is a testament to practical design, while the inclusion of a carport and extra parking space adds layers of convenience.

Unit 1 is equally enticing with its ground-floor position, offering two spacious bedrooms, a modern bathroom, and an updated kitchen. The lounge and dining area present a sun-filled space for relaxation or entertaining, with outlooks onto the serene streetscape. A separate driveway leads to a double carport, complemented by a secure courtyard, ensuring privacy and ease for its residents.

The location is a true highlight, with the home being moments away from Beckett Park, the 109 tram line, and a charming village shopping strip. The Balwyn Library, Mont Albert Park, and the Eastern Freeway are also within close proximity, providing everything needed for a convenient lifestyle.

For investors, this property offers a tantalising proposition with terrific income potential. The availability of both units creates an attractive package for a self-managed super fund, offering a robust investment that leverages the area's high tenant demand. Furthermore, the significant land holding affords the possibility to craft a bespoke redevelopment into a luxurious new residence (STCA), offering a vision for future growth and prosperity.

This Balwyn gem, with its combination of location, lifestyle, and investment appeal, is perfect for those looking to secure a place within a coveted community, ensuring a lucrative venture in one of Melbourne's most desirable suburbs.