9A Ian Grove, Mount Waverley VIC 3149

2-bed house with bay window lounge | MWSC Zone location | Street frontage | Auction scheduled This property presents a competitively strong offering as a defined two-bedroom house in the MWSC Zone, a configuration that provides rare sub-division potential or redevelopment appeal within a established suburb. The generous lounge with bay window and separate living zones offer a liveable layout uncommon in smaller houses, serving an owner-occupier seeking character or an investor targeting professional tenants. Its immediate street frontage and on-site auction signal a vendor expecting strong market competition. Proceed with the understanding that the lack of disclosed land size, comparable sales, and building details constitutes a material pricing risk, requiring a boundary survey and building inspection at your cost. The primary opportunity is to secure a strategic land holding in the zone; the commercial logic is to capitalise on the scarcity of smaller, titled houses in this area. Acquire for hold, with the intent to develop or renovate in line with the zoning. A direct number comparison at 9 Ian Grove shows a three-bedroom house on a 657m² lot valued around $1.43m, while a similarly addressed property carries a wider estimate of $1.36m to $1.8m. This suggests the subject property’s value is heavily contingent on its specific land size and the premium for its potential, rather than its current two-bedroom format.