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
![avatar Cheryl Freshwater](/_next/image?url=https%3A%2F%2Fstaffphotos.vaultre.com.au%2F5919%2Fsmall.1706055323-322885-image.jpg&w=256&q=75)
![avatar Dev Sareen](/_next/image?url=https%3A%2F%2Fstaffphotos.vaultre.com.au%2F5919%2Fsmall.1713850682-329591-image.jpg&w=256&q=75)
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
![pin](/_next/image?url=%2F_next%2Fstatic%2Fmedia%2Fmap-pin-current-2019.6d2296af.png&w=48&q=75)
R&H Suburb Summary | Houses |
---|---|
Number of sales | 275 |
Average Price | $707,900 |
Median Price | $690,500 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 30 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 57 |
Average Price | $543,403 |
Median Price | $505,000 |
Median Rental Price | $450 p.w. |
Change in Rental Rate (5yr) | 32 % |