5 Marana Close, Lilydale VIC 3140

large 865sqm block | quiet court with northerly aspect | updated interiors with cathedral ceilings | workshop and caravan parking What is competitively strong about this property is the combination of a generous 865-square-metre block in a quiet court setting with a northerly aspect and well-considered updates, including a bespoke kitchen, timber cathedral ceilings, and a Coonara fireplace. The separate driveway and double garage with workshop provide exceptional utility for buyers needing extra vehicle or storage space, making it suited to families, tradespeople, or those seeking a larger lot with room to grow. The established location offers a private suburban feel with good school catchment access, which broadens its appeal. Factors that may materially affect value include the single-bathroom configuration, which could limit appeal for some families despite the generous land size. The property’s age and partial update history mean ongoing maintenance costs should be weighed, though cosmetic improvements reduce immediate need. The large block and court position may support future value growth, but buyers should consider whether the current floor plan meets their needs without requiring further capital outlay.