119 Morell Street, Glenroy VIC 3046

5-bed family home on 863m² | 8 parking spaces | Glenroy school catchments | Auction with scheduled inspections This property presents a substantial family holding, rare in its combination of five bedrooms, five bathrooms, and exceptional on-site parking for eight vehicles on a large 863 square metre block. This configuration is atypical for the area and serves a specific buyer profile: large or multi-generational families requiring significant space and convenience. Its position within the catchment for Belle Vue Park Primary School strengthens its appeal to this demographic, anchoring its utility and demand. The primary decision mechanism is the auction, introducing price uncertainty against a guide of $1.5 to $1.6 million. The 2021 last sale suggests a vendor seeking capital growth, placing a premium on recent market gains. With limited public data on comparable sales, finishes, or building condition, due diligence on renovation needs and exact land value is critical. Proceed only with a firm budget reflecting the premium for its size and configuration, ideally for long-term occupation to amortize the likely land-value cost base. Nearby listing at 1/113 Morell Street, a 3-bedroom unit, is guided at $650,000-$690,000 for auction. This stark price differential underscores the premium commanded by this property’s land size and extensive accommodation, highlighting its positioning in a distinct market segment.