9 Taylor Street, Ashburton VIC 3147

696m² freehold in Ashburton | 33% site coverage | low heritage risk | study + 2-car layout The property’s primary buying case rests on its 696m² freehold land in a residential Boroondara zone with no overlays, offering a rare combination of immediate livability and future optionality. The 33% site coverage leaves substantial room for extension or redevelopment, while the existing 232m² floorplan,including a study and built-in robes,suits a family who wants to move in and plan later. Its position near Solway Primary and Ashwood High, along with Gardiners Creek and local cafes, anchors it as a long-term hold for owner-occupiers who value school catchment stability and walkable amenity; developers will note the absence of bushfire, flood, or heritage constraints, which reduces approval friction. The key risk is the listing price range sitting below recent automated valuations, which may signal either a motivated seller or a property requiring cosmetic or structural work not disclosed in the overview,buyers should budget for a full building and pest inspection. The 2015 purchase price of $1.402m implies limited capital growth over nine years, and the suburb’s -4.6% annual growth trend suggests patience is required for short-term resale. Commercial logic favours a buyer who can hold for five-plus years, renovate selectively to lift the energy score above 4.5, and either extend or subdivide (STCA) to capture land value uplift. Use this property as a base to renovate and hold, not flip.