26A Stott Street, Box Hill South VIC 3128

Freshly painted & carpeted | 3 beds, 2 baths + ensuite | 48% building coverage | Zoned for primary & high school. This property presents a competitively strong offering for an owner-occupier seeking a modernised, low-maintenance home or an investor targeting a family rental. Its single-level layout on a 455m² block with high building coverage delivers a practical, spacious living environment rarely found at this price point in Box Hill South. The inclusion of both ducted heating and air conditioning, alongside recent cosmetic updates, removes immediate capital requirements and appeals directly to the dominant 20-39 demographic in the area. The clear school zoning for Roberts McCubbin and Ashwood High solidifies its long-term appeal to the family market, while the absence of environmental or heritage overlays significantly reduces compliance risk and simplifies any future development potential. The decision hinges on the substantial gap between the listed price and the higher estimated market value, which introduces a clear negotiation opportunity but also signals potential undervaluation in the listing strategy. The primary risk mechanism is the vendor’s price expectations, anchored by the 2007 last sale, against current comparable sales; securing a purchase within the listed range would position the buyer favorably. The commercial logic is to acquire a turnkey property with validated rental income covering a substantial portion of the holding costs, making it equally viable for a live-in buyer or an investor. Proceed with an offer strategy that leverages the provided comparable evidence to bridge the valuation gap, as this property is positioned to serve as a low-hold-cost entry into a high-demand suburban corridor. * **26 Stott Street:** 2 bedrooms, 321m² lot. Estimated value $1,128,000. Potential rent $650/week. * **Nearby Comparable Sale:** 3 bedrooms, 2 bathrooms, 209m² building area. Sold 10 Jan 2026 for $1,060,000 after 74 days, having been listed at $1,095,000. These comparables confirm the subject property’s larger land component and superior bedroom count should command a premium, supporting a valuation comfortably above the listed range. The extended time on market for the sold comparable suggests buyer resistance near the $1.1 million mark, providing a credible benchmark for your negotiation ceiling.