37 David Street, Lalor, VIC 3075
- 3
- 1
For Sale
$745,000 - $775,000
Large flat block with development potential
We are pleased to bring to your attention an exceptional investment opportunity situated at 37 David Street in Lalor. This property represents a distinguished prospect for discerning investors and developers.
Key Highlights:
Strategic Location: Positioned within Lalor, 37 David Street enjoys a strategic location offering convenient access to essential amenities, educational institutions, recreational facilities, and seamless connectivity to Melbourne's central business district. Lalor's burgeoning prominence as a desirable residential locale further enhances the investment appeal of this property.
Investment Potential: With meticulously crafted plans and fully endorsed permits for the development of three townhouses, this property epitomizes a turnkey investment proposition. Its pre-approved development status underscores the potential for substantial returns on investment within a dynamic and evolving real estate landscape.
Versatile Zoning: Benefitting from a zoning classification conducive to residential development, this property affords investors a versatile canvas to implement diverse investment strategies. Whether envisaging rental income streams, resale opportunities, or long-term capital appreciation, the property's zoning flexibility accommodates varied investment
For comprehensive insights or to arrange an on-site inspection, please avail yourselves to contact us promptly. Given the fervent demand for such prime opportunities, prompt action is advisable to secure involvement in this prestigious venture.
Sales Executive: Cheryl Freshwater
Phone: 0405 134 329
Sales Executive: Dev Sareen
Phone: 0420 652 850
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L27481005
- Property Type:House
- Building / Floor Area:107 sqm
- Land Area:674 sqm
R&H Suburb Summary | Houses |
---|---|
Number of sales | 295 |
Average Price | $714,167 |
Median Price | $696,000 |
Median Rental Price | $495 p.w. |
Change in Rental Rate (5yr) | 34 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 52 |
Average Price | $564,982 |
Median Price | $510,000 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 29 % |