38-40 Ennismore Cres, Park Orchards VIC 3114

Elevated dress circle block | 4151sqm with treetop privacy | 9% building coverage | Bushfire and flood overlay present This property offers a rare combination of scale and positioning. The 4151sqm block in Park Orchards’ dress circle is the primary competitive advantage, as land of this size with elevated treetop outlooks is infrequently available. The 9% building coverage means substantial future potential for extension or a pool house, while the existing 353sqm floorplan with study already suits a family seeking space without renovation. The catchment for Park Orchards Primary School and Norwood Secondary College adds long-term demand. It best serves buyers who prioritise land banking and privacy over turnkey perfection. The bushfire and flood overlays are the material risks, increasing insurance costs and limiting certain renovations without council approval. The 2021 purchase price suggests the vendor holds a low cost base, so negotiation room may exist despite the short market time. The 45-minute CBD commute and reliance on private vehicle access narrows the buyer pool to those working locally or remotely. Hold this property as a long-term family compound or investigate subdivision potential under Manningham’s planning scheme; the land value alone supports the price point.