11 Grenda Drive, Mill Park VIC 3082

Large family block with pool | Multiple living zones | Eight car spaces | Recently renovated | Sought-after pocket This property presents a competitively strong offering due to its rare combination of a large, level block and extensive off-street parking in a family-oriented location. The recent renovations, in-ground pool, and multiple living areas create a ready-made family home that serves growing households seeking space for both living and entertaining. Its size and configuration are uncommon for the area, providing a tangible point of differentiation from typical suburban stock. The primary decision point is the price premium commanded for these features, which must be justified against recent sales. The 2024 resale after a short hold period introduces a note of market sensitivity. For a buyer, the opportunity lies in securing a turnkey, low-maintenance family home with immediate utility. The commercial logic supports a long-term hold to amortize the entry cost, making it a sound primary residence but a marginal investment property given the yield. Recent comparable sales nearby: * 4 Matthews Court, Mill Park: 4 beds, 2 baths, 2 cars. Reported price guide $770k-$830k. This comparable, with a similar bedroom and bathroom count but on a standard block with typical parking, establishes a value baseline. The subject property’s larger land, superior parking, and pool should command a justifiable premium within the listed range.