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  • 37 David Street, LALOR, VIC 3075

37 David Street, Lalor, VIC 3075

  • 3 Bed
  • 1 Bath

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

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avatar Cheryl Freshwater
Cheryl Freshwater
Sales Executive - Thomastown
avatar Dev Sareen
Dev Sareen
Sales Consultant

Got a property to sell? Contact us for a free Request Appraisal

Inspections:
R&H
Property Info:
  • Property ID: L27481005
  • Property Type:House
  • Building / Floor Area:107 sqm
  • Land Area:674 sqm
We Know Your Area
R&H Suburb Profile: Lalor
R&H Suburb SummaryHouses
Number of sales275
Average Price$707,900
Median Price$690,500
Median Rental Price$480 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales57
Average Price$543,403
Median Price$505,000
Median Rental Price$450 p.w.
Change in Rental Rate (5yr)32 %
Median Trend - $690,500
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