SoldMay 31, 2025

78 Loretto Ave, Ferntree Gully, VIC, 3156

$845,000

3
2
1
724 m²

House

25 days on the market

Sold: May 31, 2025

What's around 78 Loretto Ave

Uncover the Possibilities - A Rare Blend of Character, Space, and Development Potential

Welcome to 78 Loretto Avenue, a charming three-bedroom, two-bathroom residence set on a generous 724 sqm (approx.) block in one of Ferntree Gully's most desirable pockets. Rich in original character with hardwood timber floors and fresh paint throughout it is brimming with potential, this is more than just a home, it's an opportunity waiting to be unlocked. With its spacious living areas and well-proportioned layout, the existing home is ideal for first-home buyers, renovators, or families looking to knockdown and personalise their dream home. But for those with an eye for development, the real value lies in the land. Whether you choose to: • Renovate and retain the existing residence while building a second dwelling at the rear, • Pursue a side-by-side dual occupancy redevelopment • Or knockdown and rebuild your dream home (STCA) …the options are truly exciting. With a wide frontage and flat terrain, this property presents a prime canvas for transformation, perfect for multi-generational living or a high-yield investment. Located in a peaceful, family-friendly pocket, enjoy easy access to top-rated schools including Fairhills Primary, Wattle View Primary, and Kent Park Primary. Embrace the outdoors at nearby Norvel Reserve, Burke Road Reserve, or the scenic Tim Neville Arboretum. Mountain Gate Shopping Centre is just around the corner, and nature lovers will appreciate the close proximity to Blind Creek Billabong and the breathtaking Dandenong Ranges. Key Features: • 724 sqm (approx.) flat block with excellent frontage • Existing 3-bed, 2-bath home with strong bones • Prime candidate for renovation, dual occupancy, or redevelopment (STCA) • Family-friendly location near schools, parks, shops, and transport This is more than just a property; it's a platform for your vision. Whether you're creating a forever family home, investing in your future, or developing for dual income, 78 Loretto Avenue offers unmatched potential in an unbeatable location. Secure your slice of Ferntree Gully's future before someone else does.

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