Immediate Rental Income with Approved Plans - 663sqm in Central Lalor
If location and land size are at the top of your list, then this property is a must-see. Ideally positioned in one of Lalor's most popular and central pockets, it offers unbeatable convenience with close proximity to Thomastown and Lalor train stations, Lalor Primary and Secondary Schools, local shops and easy freeway access.
Set on a generous allotment of approximately 663sqm, this well-maintained brick veneer home features 4 spacious bedrooms, a functional kitchen with meals area, a formal lounge, central bathroom and a separate toilet.
What sets this property apart is the approved development plan for 3 units: a 4-bedroom, a 3-bedroom and a 2-bedroom unit-offering exceptional potential for builders, developers or investors. Currently leased on a month to month tenancy and returning $490 per week, the property provides a solid income stream from day one.
Whether you're looking to live, invest or develop, this is a rare opportunity that ticks all the right boxes. Act quickly-opportunities like this don't come around often!
ON-SITE & ONLINE AUCTION
To bid online, you must register to bid by 4pm on the Friday prior to auction day.
To register, bid or view the live auction, visit: https://anywhereauctions.com.au/app/property?propertyId=55313
▶
