171 Morack Road, Vermont South VIC 3133

Elevated large block | school catchment | versatile layout | first market listing | rare backyard scope This property presents a compelling case based on its scarcity and functional configuration. Its primary strength is the combination of a 1192m² landholding within the tightly held Vermont South precinct and direct zoning for the sought-after Vermont Secondary College catchment, a dual advantage that anchors long-term demand. The house itself, offered for the first time in over fifty years, provides a versatile floorplan that accommodates both extensive family living and dedicated work-from-home spaces, while the flat, substantial backyard offers immediate utility and future optionality for a secondary dwelling. This combination specifically serves families seeking educational security, leisure amenities like the indoor pool, and the potential for multigenerational living or asset improvement. Proceed with the understanding that its age necessitates a rigorous building and pool inspection to quantify renovation liabilities, while the premium guide price reflects its rarity more than recent comparable sales evidence. The clear opportunity lies in the subdivision potential of the land, a commercial logic that provides a tangible exit strategy or wealth creation path beyond personal use. Given these dynamics, the property warrants serious consideration as a long-term hold to capitalise on its irreplaceable location and land bank, with any purchase price requiring a buffer for modernisation to realise its full utility.