2/10 Highbury Street, Balwyn North VIC 3104

Spacious villa on large shared site | Blue-chip Balwyn North | Off-market opportunity | Premium downsizer or investor appeal This property is considered a rare offering in Balwyn North, combining the generous internal footprint of a villa with the land value influence of a substantial 1000-square-metre site. The configuration—three bedrooms, two bathrooms, two car spaces—positions it well for downsizers seeking single-level living without sacrificing space, or for families wanting blue-chip school access without a full house budget. The off-market status suggests a discreet sales process, potentially reducing competition for buyers prepared to move decisively. A key risk lies in the shared site arrangement, which limits control over the underlying land and any future redevelopment potential. The last recorded sale was in 2012, leaving recent market movements unverified by transaction evidence, though the suburb’s consistent demand supports long-term value. The off-market channel itself offers an opportunity: in a tightly held area where listings are scarce, a direct negotiation may secure a premium address without auction pressure.