Set on an impressive 629sqm (approx.), this property offers a wealth of opportunity for homebuyers, investors, and developers alike (STCA). Whether you're looking to
renovate, rebuild, or develop in the future, the scope for potential is immense in this tightly held and highly convenient Lalor location.
Perfectly positioned just 500m (approx.) from Lalor Train Station and only moments from Station Street and May Road's popular shopping and dining precincts, this address also boasts close proximity to the Northern Hospital, Costco, Pacific Epping, local schools, and the M80 Ring Road-making day-to-day living effortlessly easy.
The existing residence is well maintained and includes two generous bedrooms with built-in robes, a renovated central bathroom, and a separate study. The light-filled living area flows into a modern, open-plan kitchen and meals zone, extending further to a covered, decked outdoor entertaining area-ideal for year-round enjoyment.
A wide side driveway provides excellent off-street parking, while the spacious backyard offers plenty of room to grow, extend or rebuild.
Additional features include:
- Split system
- Roller Blinds
- Gas heater
- Polished timber flooring
- Stainless steel appliances
- Dishwasher
- Internal
- Garden
- Floorboard
- Timber Decked Front & Back
- Separate Laundry
- A Decent garage/shed with roller door access at the rear of property
Currently tenanted on a month-to-month lease, generating a rental return of approximately $22,500 per annum, this is a superb opportunity to secure a property with both immediate returns and long-term upside.
Additionally, Initial drawings 3-bedroom 2-bathroom townhouse to be added to the rear of the property.
Important Information:
For details on property due diligence, please visit: consumer.vic.gov.au/duediligencechecklist
To view our Privacy Policy and Collection Notice, visit: raywhite.com/franchisee-privacy-policy
Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.
While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.
