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RAINE & HORNE
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Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Mortgage Broker
We are pleased to bring to your attention an exceptional investment opportunity situated at 37 David Street in Lalor. This property represents a distinguished prospect for discerning investors and developers.
Key Highlights:
Strategic Location: Positioned within Lalor, 37 David Street enjoys a strategic location offering convenient access to essential amenities, educational institutions, recreational facilities, and seamless connectivity to Melbourne's central business district. Lalor's burgeoning prominence as a desirable residential locale further enhances the investment appeal of this property.
Investment Potential: With meticulously crafted plans and fully endorsed permits for the development of three townhouses, this property epitomizes a turnkey investment proposition. Its pre-approved development status underscores the potential for substantial returns on investment within a dynamic and evolving real estate landscape.
Versatile Zoning: Benefitting from a zoning classification conducive to residential development, this property affords investors a versatile canvas to implement diverse investment strategies. Whether envisaging rental income streams, resale opportunities, or long-term capital appreciation, the property's zoning flexibility accommodates varied investment objectives.
Townhouse Development: The endorsed plans for three contemporary townhouses exemplify thoughtful design principles tailored to meet contemporary market demands. Each residence embodies a synthesis of modern aesthetics, spatial efficiency, and functional design, ensuring broad market appeal to prospective buyers or tenants.
Development Readiness: With plans and permits in hand, investors are poised to streamline the development process, bypassing protracted approval procedures and expediting project realization. This streamlined approach affords investors a competitive edge, facilitating expedient capitalization on investment and realization of financial objectives.
We cordially invite you to seize this unparalleled opportunity to participate in a pre-approved development project poised for success. Whether seasoned developers or astute first-time investors, stakeholders stand to benefit from the auspicious potential presented by 37 David Street Lalor.
For comprehensive insights or to arrange an on-site inspection, please avail yourselves to contact us promptly. Given the fervent demand for such prime opportunities, prompt action is advisable to secure involvement in this prestigious venture.
Sales Executive: Cheryl Freshwater
Phone: 0405 134 329
Sales Executive: Dev Sareen
Phone: 0420 652 850
R&H Suburb Summary | Houses |
---|---|
Number of sales | 259 |
Average Price | $698,907 |
Median Price | $681,500 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 30 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 50 |
Average Price | $536,815 |
Median Price | $497,500 |
Median Rental Price | $430 p.w. |
Change in Rental Rate (5yr) | 26 % |