11 Bateman Court, Coburg VIC 3058

Mid-century brick | quiet cul-de-sac | 571m² untapped land | recent $1m comparable sale | solar & ducted heating. This house presents a rare chance to secure a large, level block in a quiet, established Coburg cul-de-sac, a profile increasingly scarce. Its solid brick construction, solar power, and ducted heating provide a liveable base, while the 571 square metre parcel with dual street access offers clear extension potential. This property best serves an owner-occupier seeking a quiet family setting with future upside, or a strategic buyer prepared to capitalise on the land size. The primary risk is the dated configuration, requiring capital to realise the land’s value, evidenced by the price guide sitting below recent sales. The opportunity is commercial: acquire at a basis below renovated equivalents and create value through a well-planned renovation or extension. Proceed with a firm budget for modernisation, as this is a land play with a liveable house attached, not a finished product. Recent comparable sale at 15 Bateman Court sold for $1,000,000 in August 2024. This was a three-bedroom, one-bathroom house on the same street, demonstrating achievable price points for updated homes in this precise location. This sale anchors the potential value of the subject property post-renovation, directly informing your improvement budget and end-value calculation.