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18 Maleela Avenue

Balwyn, VIC 3103, Australia
Auction Saturday 13 June at 11am","features":{"beds":4,"baths":2,"par
5 bed 5 bath 3 car1973m²

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About this property

Renowned Reid Estate prestige surrounds the lush botanical setting of 'Macûla'; a magnificent Spanish Mission-style residence c1932 from renowned architect JFW Ballantyne that showcases beautiful original craftsmanship and sympathetic modern enhancement. Set on an expansive 1973sqm approx. allotment, this distinctive five bedroom and study sanctuary extends over two captivating levels enjoying views encompassing the northern ranges, city skyline and leafy private gardens. A return driveway with a porte-cochere creates an impressive sense of arrival with rendered triple-brick walls and artistic Caslake wrought iron that features throughout evoking the grandeur of a Cordovan provincial villa. A broad entrance hallway with polished hardwood flooring and exposed timber beams asserts a timeless presence leading to a charming old-world study and a distinguished sitting room with a monumental fireplace and arched glazing before a customised oak wet bar. A large dining room suited to formal gatherings includes direct access to a vast sandstone terrace, while a substantial service zone reveals itself with a wine cellar and storeroom and then a scullery coming off a huge granite gourmet kitchen including Smeg double ovens, Bosch dishwasher and copious bench and storage space. A free-flowing family zone with living, dining and study areas integrates a series of French doors to the garden terraces, while at the rear is a secluded games/billiard room. Enhanced by hydronic heating and air-conditioning on both levels, a versatile ground-floor bedroom complete with its own bathroom and separate external access that can provide poolside use, is accompanied by spacious accommodation up a feature custom-built staircase including a brilliant main bedroom suite (expansive WIR/dressing room, a heated-floor ensuite and a Juliet balcony), along with three additional ensuite bedrooms and a light-filled lounge retreat, all with exceptional views. The north-west grounds unfold as a layered entertaining landscape centred around a solar-heated swimming pool, where an undercover terrace (speakers) links to an elevated bluestone-paved domain bathing in sunlight, a vine-covered pergola, a utilities courtyard, greenhouse, storeroom and beautifully-established pockets of garden. There's also a powder room, laundry (ironing station, toilet), a basement plant room, large underground water tank and remote-control double garage. Surrounded by established estates, tree-lined streetscapes and elegant parkland that define one of Balwyn's most treasured precincts, this landmark family residence presents a once-in-a-generation lifestyle opportunity just a short stroll to Camberwell Grammar, Fintona and primary school, Deepdene Village cafes, Whitehorse Road restaurants and shopping, Balwyn Cinema, trams and the Anniversary Trail.

Property Features

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    Repayment calculator

    $14,059/month
    $7,030 /fortnight
    Loan $2,320,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$580,000
    Stamp duty$168,500
    Conveyancing (est.)$2,000
    Total upfront$750,500
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    5
    Parking
    3
    Land Area
    1973m²
    Listed
    1 month ago

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