SOLD FOR $787,500 BY PETAR DJEPAROSKI 0480 120 048

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.

Additional features include a side drive leading to a lock-up garage with multiple car accommodation, a fully equipped summer kitchen and a dedicated barbeque area-perfect for entertaining.

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

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

Explore the area

School catchments

Lalor Primary School Primary Prep-6 Government 0.53km
Lalor Secondary College Secondary 7-12 Government 0.54km
Thomastown East Primary School Primary Prep-6 Government 0.57km
Lalor East Primary School Primary Prep-6 Government 0.75km
St Luke's School Primary Prep-6 Catholic 0.76km
St John XXIII Primary School Primary Prep-6 Catholic 1.2km
Lalor North Primary School Primary Prep-6 Government 1.3km
Peter Lalor Secondary College Secondary 10-12 Government 1.4km
Thomastown Primary School Primary Prep-6 Government 1.5km
Lalor North Secondary College Secondary 7-12 Government 1.8km
Thomastown Secondary College Secondary 7-12 Government 2.1km
Thomastown West Primary School Primary Prep-6 Government 2.3km
St Monica's College - Dalton Road Campus Secondary Catholic 2.3km
St Catherine's School Primary Prep-6 Catholic 2.3km
Findon Primary School Primary Prep-6 Government 2.3km
St Clare's School Primary Prep-6 Catholic 2.6km
Norris Bank Primary School Primary Prep-6 Government 2.6km
Lalor Gardens Primary School Primary Prep-6 Government 2.6km
St Monica's College - Davisson Street Secondary 7-12 Catholic 2.8km
St Peter's School Primary Prep-6 Catholic 2.8km
Mill Park Heights Primary School Primary Prep-6 Government 3.0km
William Ruthven Secondary College Secondary 7-12 Government 3.0km
Y Community School Secondary 10-12 Independent 3.1km
Northside Christian College Combined Prep-12 Independent 3.3km
Mill Park Secondary College Secondary 7-12 Government 3.5km
Epping Secondary College Secondary 7-12 Government 3.5km
Yea High School-Memorial Hall campus Secondary Government 3.5km
Parade College Secondary 7-12 Catholic 3.9km
St Monica's College - St Stephen’s/Gaudete Campus Secondary Catholic 4.1km
Mill Park Secondary College-Senior Campus Secondary Government 4.7km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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