45 Veronica Street, Ferntree Gully VIC 3156

Generous 788sqm block | three-bedroom character home | dual living zones with fireplaces | versatile studio and shed | family-oriented Ferntree Gully location This property offers a rare combination of a large, usable block and a character-filled home with multiple living zones, two fireplaces, and a separate studio. The 39% site coverage and wraparound verandah suggest well-considered indoor-outdoor flow, while the secure backyard and established greenery appeal to families seeking space without a full renovation. The absence of bushfire, flood, or heritage overlays reduces hidden costs. It best suits buyers wanting a solid family home with room to grow, or those who may subdivide or develop in future, given the 788sqm lot in a residential zone. The main risk is the property’s age and potential need for updates beyond cosmetic—check plumbing, wiring, and roof condition. The rental estimate of $580–$675 per week offers a modest buffer if holding. The studio and shed add genuine flexibility for home office or storage, which is increasingly valued. Buyers should treat this as a long-term hold in a stable suburb with good school access and transport links, not a quick flip.