Why 40 Grace Street, Laverton? Harleen and MI Realtors proudly presents this rare opportunity for buyers looking to invest in a renovation project. The existing 4-bedroom, 2-bathroom house offers a solid foundation for those willing to undertake a transformation. With a generous land size of 697 m² and situated within the General Residential Zone - Schedule 1 (GRZ1), the property allows for a variety of residential developments, including townhouses and multi-unit dwellings, subject to council approval.
Development Potential of 40 Grace Street, Laverton VIC 3028
• 40 Grace Street offers a substantial land area of approximately 697 m², presenting a prime opportunity for developers seeking to capitalize on Laverton's growth. The property's zoning and strategic location enhance its appeal for various development projects.
Key Highlights:
Land Size: With a land area of 697 m², the property offers ample space for redevelopment, accommodating multiple dwellings or a medium-density residential project.
Proximity to Amenities: The site is within walking distance to Laverton Train Station, providing direct access to the Werribee line for a seamless commute to Melbourne's CBD. Additionally, multiple bus routes service the area, enhancing connectivity to neighboring suburbs and key amenities.
Local Amenities: Nearby facilities include the Aviation Road shopping strip, offering a variety of shops, eateries, and services, as well as the Williams Landing Shopping Centre, featuring major supermarkets, specialty stores and dining options
Educational Institutions: The property is in close proximity to Laverton P-12 College, providing convenient schooling options for families.
Given these factors, 40 Grace Street presents a compelling opportunity for developers and investors to capitalize on Laverton's evolving landscape. The site's strategic location, coupled with favorable zoning and land size, positions it as an attractive option for residential development projects.
Contact Harleen on 0432510052 to book an inspection!
PHOTO ID IS A MUST AT ALL INSPECTIONS.
DISCLAIMER: All stated dimensions are approximate and pictures are for illustration purposes only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist
