35 Scotts Street, Bentleigh VIC 3204

Original four-bed house on 587sqm | Development potential in Bentleigh | Renovate or rebuild opportunity | Rare landholding in Glen Eira The property is competitively positioned due to its substantial landholding in a tightly held Bentleigh pocket, a configuration increasingly scarce in this market. Being offered in original condition permits buyers to secure a location premium while paying closer to land value, reducing basis risk. This suits buyers focused on long-term capital growth, particularly families planning a rebuild or developers seeking a land bank with value-add potential. Key risks include the property’s aged state requiring significant capital for habitation upgrades and potential council constraints on redevelopment given the block size. These factors limit immediate liquidity but present an opportunity for buyers to capture land appreciation through renovation or strategic redevelopment. The commercial logic favors holding for medium-term land growth while evaluating a sympathetic extension. Use this property as a land play in a strong market.