9 Margot Street, Ferntree Gully VIC 3156

3-bed family home | large 976m² block | established Ferntree Gully | character design with modern potential The property’s primary competitive advantage is its substantial 976m² lot in a sought-after Ferntree Gully location, offering rare development or extension potential in a family-oriented suburb. The character-filled design with generous proportions and undercover patio provides immediate livability while the large front lawn and established gardens create strong street appeal. This property is best suited for a buyer seeking a family home with room to grow or an investor looking to capitalise on land value appreciation in Knox City Council area. The main risk is the property’s extended time on market, suggesting possible pricing misalignment or condition issues that could require negotiation. The single bathroom layout may limit appeal for larger families, and the absence of bushfire risk noted is a positive but should be independently verified. The commercial opportunity lies in leveraging the large block for future subdivision or extension, subject to council approval. This property should be approached as a long-term land hold with immediate rental or owner-occupier use.