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3 Orr Court

Laverton VIC 3028

3
1
2
778 m²
House
Currently for sale - view listing

Overview

Exceptional Development Opportunity with Concept Plans on 781m² Approx with Proposed 9-bedroom rooming accommodation.

3 Orr Court, Laverton VIC 3028 Positioned in a quiet court location and set on an expansive allotment of approximately 781m², this outstanding property presents an exceptional opportunity for developers, investors, and savvy buyers looking to secure a premium site in one of Laverton’s fastest-growing pockets. Adding even greater appeal are the proposed concept plans already prepared for a substantial rooming house development, offering enormous future potential (STCA). The concept design includes: • Proposed 9-bedroom rooming accommodation. • Multiple ensuites throughout. • Large shared living and meals area • Modern communal kitchen & laundry facilities • Dedicated disabled-access bedroom • Multiple private courtyards • 4 onsite car spaces including disabled parking • Approximate building area of 300m² The plans have been thoughtfully designed to maximize the site while providing functional and comfortable living spaces, making this an exciting opportunity for developers seeking strong future rental returns and high-demand accommodation options. The existing property also offers immediate rental income, currently returning approximately $2,200 per month, providing holding income while future development plans are explored. Location & Lifestyle Highlights • Walking distance or short drive to Laverton Train Station • Easy access to Princes Freeway providing direct connectivity to Melbourne CBD and Geelong • Close proximity to local shopping center, cafes, and everyday amenities • Nearby parks, sporting reserves, and community facilities • Positioned within close reach to local primary and secondary schools • Convenient access to childcare center and educational facilities • Located in a rapidly growing pocket of Laverton with strong future growth prospects Property Features • Spacious residential allotment of approx. 781m² • Quiet court location • Existing rental income of approx. $2,200 per month • Excellent redevelopment potential (STCA) • Concept plans available for future rooming house development • Strong growth corridor with increasing demand for quality housing Whether you are looking to develop immediately, landbank for the future, or invest in a high-potential location, this is an opportunity not to be missed. Enquire today to secure this rare Laverton development opportunity. Contact Rajeev Mehta on 0430 126 563 for book an inspection or to get more information about the property. PLEASE NOTE: Photos are for illustration purposes only.All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. All information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Greenfields Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
778 m² lot size
House

Property history for 3 Orr Court

2020
Rented
Undisclosed
Leased on 01 Nov 2020 by Ray White Point Cook
2020
Sold
$579,000
08 Jun 2020 by Rajeev Mehta, of Ray White Laverton

Happy sellers in Laverton

96%
96% of sellers in Laverton reported that their sale price either exceeded or met their price expectations.

Laverton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Laverton over the last 12 months.

Local market activity for 3 bedroom houses in Laverton

In the last 12 months, 114 three-bedroom houses similar to 3 Orr Court, have been sold.

This represents a 34% decrease in three-bedroom houses sales when compared to the previous 12 months.

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