39 Hood Street

Set on approximately 623sqm with a prized north-facing rear orientation, this classic Balwyn North property presents an exceptional opportunity to build a luxury new residence or explore subdivision potential in a highly sought-after family pocket (STCA). Positioned within walking distance to the prestigious Balwyn High School, the property combines immediate comfort with outstanding future upside. The existing brick home offers a flexible four-bedroom layout, featuring a spacious living room, separate dining area, functional kitchen, central bathroom, powder room and dedicated laundry. Multiple living zones and generous bedroom accommodation provide comfortable family living or leasing potential while future plans are considered. The wide frontage, substantial north-facing backyard and favourable land dimensions create the ideal canvas for a premium new home or multi-dwelling redevelopment (STCA). Surrounded by quality residences and ongoing luxury development, this is a rare opportunity to secure blue-chip Balwyn North land with exceptional future potential. Enjoy the convenience of nearby Greythorn Village, Koonung Creek trails, parks, city-bound transport and easy Eastern Freeway access, all while being moments from leading private schools and elite local amenities. - Approx. 623sqm allotment - North-facing rear backyard - Walking distance to Balwyn High School - Flexible four-bedroom floorplan - Separate living and dining zones - Functional kitchen with adjoining meals area - Central bathroom plus powder room - Wide frontage with excellent redevelopment appeal - Ideal luxury new home or subdivision potential (STCA) - Existing residence with immediate rental or living options - Quiet, family-oriented Balwyn North location