38 Teal Cres

Lalor VIC 3075

539 m²

House

Currently for sale - view listing

Overview

Plans, Permits & Parkland Position

Hybrid Auction - On-Site & Online via Anywhere Auctions Property Address: 38 Teal Crescent, Lalor Auction to be held on-site, with live online bidding available via Anywhere Auctions AUCTION BIDDING BY REGISTRATION ONLY! https://anywhereauctions.com.au/app/property?propertyId=74775 Positioned in a convenient Lalor pocket with parklands at your doorstep, 38 Teal Crescent presents an outstanding opportunity for homeowners, investors and developers alike. The existing residence offers comfortable living with ducted heating and split-system heating and cooling, complemented by a versatile sunroom/family room providing valuable additional space. A single garage and generous backyard add to the practicality, while direct access from the rear to the adjoining VR Michael Reserve creates a fantastic connection to open parkland. For investors and developers, the property comes with plans and permits already approved for a duplex development, providing a significant head start for those looking to capitalise on the site's potential. In the meantime, the property is currently leased at $500 per week, providing an immediate rental return while plans are put into action. Conveniently located close to Lalor Station, Epping Plaza and Costco, with local schools, shops, transport and parklands all within easy reach, this is an opportunity that combines immediate rental income with exciting future potential. Existing home. Current rental income. Approved plans and permits. Outstanding development potential.• ** Please note; some images have been digitally staged ** PHOTO ID REQUIRED Our new open for inspection regulations now require you to provide us with a photo ID before you can enter the property. If you would like to view our privacy policy, please refer to the link below: Franchisee Privacy Policy and Privacy Collection Notice - https://www.raywhite.com/franchisee-privacy-policy/