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  • 37 David Street, LALOR, VIC 3075

37 David Street, Lalor, VIC 3075

  • 3 Bed
  • 1 Bath

For Sale

$715,000 - $750,000

Investor Opportunity or Renovator in a Prime Location

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

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avatar Cheryl Freshwater
Cheryl Freshwater
Sales Executive - Thomastown
avatar Dev Sareen
Dev Sareen

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Inspections:
R&H
Property Info:
  • Property ID: L27481005
  • Property Type:House
  • Building / Floor Area:107 sqm
  • Land Area:674 sqm

We Know Your Area

R&H Suburb Profile: Lalor
R&H Suburb SummaryHouses
Number of sales259
Average Price$698,907
Median Price$681,500
Median Rental Price$480 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales50
Average Price$536,815
Median Price$497,500
Median Rental Price$430 p.w.
Change in Rental Rate (5yr)26 %
Median Trend - $681,500

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