23 Ross Street Doncaster East VIC 3109

Large 873sqm block | Doncaster Gardens & Doncaster Secondary College zone | No overlays | Strong street sales activity This property offers a rare combination of a generous 873 square metre lot in a school-zoned pocket with no bushfire, flood, or heritage constraints. For a buyer seeking land content in a tightly held street, this removes common approval friction and positions the house as a candidate for future redevelopment or holding. It suits families prioritising school catchments and investors looking for long-term land leverage in a market where comparable townhouses on the same street have recently traded above $1.4 million. The primary risk is that the house itself may require renovation or replacement to unlock full value, meaning a buyer pays for land with a dated structure. The opportunity lies in the absence of overlay restrictions, which reduces holding costs and timeline uncertainty for a future rebuild or subdivision. The property is best held as a land bank with immediate rental income, or improved to capture the premium commanded by newer stock in the street.