10 Queensferry Place Greenvale VIC 3059

Fully renovated 4-bedroom | 2,002sqm lot | blue-chip Elphinstone precinct | inground pool and dual rumpus rooms This property offers a rare combination of a substantial land holding in a tightly held pocket, with a full renovation that removes the need for immediate capital outlay. The 2,002sqm block is the primary competitive advantage — large enough to appeal to families seeking space, yet positioned within a precinct that commands a premium over broader Greenvale. The dual rumpus rooms and commercial-grade sliding doors create genuine multi-zone living, which suits intergenerational or growing families. The buyer here is securing a turnkey house on land that is increasingly difficult to find in this corridor. The primary risk is that the property sits at the top of the local price band, meaning resale liquidity may narrow if the market softens. No heritage or flood overlays reduce holding risk, but the 32% building coverage leaves limited scope for further subdivision without council appetite for infill. The opportunity lies in holding for land appreciation in a supply-constrained suburb, with the pool and entertaining zones supporting strong rental demand if required. This property should be held for a minimum seven-year cycle to capture the land value uplift.