Property Details

24 Thomas street LAVERTON VIC 3028

Features


Inspection Time
20-Apr-2024 11:00am to 11:30am

Property ID : L24455251

For Sale

Contact Agent

- House

Additional Details


Prime Development Opportunity with Approved Plans for 3 Dwellings!

Ace Real Estate proudly presents an exceptional development site at 24 Thomas Street, Laverton, boasting approved plans for three distinctive dwellings. This rare opportunity beckons developers, builders, and investors to seize a prime piece of real estate in a fast-evolving locale.

Property Features:

Layout: This sunlit and spacious home features 4 bedrooms, with 2 bedrooms equipped with built-in robes.
Living Space: A generous lounge room with a wall heater sets the tone for comfortable living.
Bathrooms: The property includes a spacious central bathroom and toilet, along with a separate powder room.
Kitchen: The spacious kitchen is adorned with stainless steel appliances and overlooks a meals area.
Additional Spaces: A generous separate laundry and an undercover decked entertainment area enhance the living experience.
Storage: Ample storage space is provided for convenience.
Land Size: The property boasts a sizable land area of approximately 625m².
Rental Potential: With a potential rental return of $20,000 per annum, this property offers a lucrative investment option.

Approved Plans:

Dwelling 1 (Double Storey): 3 bedrooms + study, 2 bathrooms, and a single garage with its own driveway.
Dwelling 2 (Double Storey): 3 bedrooms, 2 bathrooms, and a single garage.
Dwelling 3 (Single Storey): 2 bedrooms, 1 bathroom, and a single garage.

Options for Investors:
• Keep the existing home, renovate for a good rental return, and build later.
• Build and commence building your rental portfolio.
• Live in one dwelling and rent out the others.
• Explore the option to sell one or all three dwellings.

Strategic Location:
The property enjoys an enviable location with an easy stroll to Laverton train station, local shops, parks, and schools. This is a rare opportunity not to be missed in a rapidly developing area. Prospective buyers are encouraged to take a closer look, perform the necessary calculations, and make a strategic investment in their future.
Inspections:
For detailed plans and the planning permit, please contact Harman Singh or Sumit Miglani. The Ace Team welcomes you and looks forward to meeting you at the inspections. Please note that photo ID is required at inspections.

Due Diligence:
A link for the Due Diligence Checklist is provided for your convenience.

Disclaimer:
All dimensions, sizes, and layouts are approximate. The producer or agent cannot be held responsible for any errors, omissions, or misstatements. The plans, 3D images, and pictures are for illustrative purposes only and should be used as such.

Disclaimer: This information is accurate as of the current date and may be subject to change. Prospective buyers are advised to verify all details independently.

PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice. Please check with the agent or online on the day of Inspection.

Agent Harman Singh – Sales Executive

  • Office : 03 9931 1333
  • Mobile : 0415 345 536
  • Fax : 03 9931 1322

Harman is a young real estate agent with knowledge beyond his years, Prior to his…
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