FOR SALE
$850,000-$880,000

5 Franco Place
Lara VIC 3212

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 742m2
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Discover the epitome of family living in this exquisite Lara residence – where classic charm meets modern convenience on a 742m2 block.

Welcome to this classic Lara home, perfectly blending character and modern living on a spacious 742m2 block. This meticulously refreshed four-bedroom, two-bathroom gem boasts two distinct living zones and a double oversized garage, plus additional side access for your convenience.
Step into the master bedroom, featuring stunning bay windows, and enjoy the extensive outdoor covered area complete with a stand-alone wood fire heater and a handcrafted breakfast bar. The heart of this home, the kitchen and dining area, leaves no detail overlooked. It showcases 40mm stone benchtops with a double waterfall feature, a study nook, and an impressive skylight with an automatic blind.
Stay connected and secure with the integrated intercom, doorbell, security system, and hardwired CCTV. Cleaning is a breeze with the Hide-A-Hose / Retractable Hose ducted vacuum system, featuring convenient kick panels in both the kitchen and ensuite. The formal living area comes equipped with an integrated entertainment system, ensuring every aspect of this home is designed with thought and care.
Discover the epitome of family living in this exquisite Lara residence – where classic charm meets modern convenience.
Oversized Master Bedroom, walk in robe, plush carpet, TV wall Mount, large bay window with shier curtains, Ceiling fan, led down lights, block out roller blinds.
Master en suite, 20mm stone top vanity, mirror, floor to ceiling tiles, shower with frameless shower screen, toilet, frosted glass window, 20mm stone bench tops.
Kitchen, 40mm Stone bench tops and large island bench top with twin waterfall feature, 600mm electric oven, 900mm gas stove top, incorporated range hood, tiled splash back, overhead cabinetry, all with soft close cupboard and draws, double door pantry, ample storage, plumbed fridge cavity, top mount stainless sink, dishwasher.
Formal living / dining, floating hybrid floorboards, led down lights, incorporated entertainment system, large double sliding doors exiting to alfresco area, , block out blinds, TV port.
study nook with incorporated cabinetry,
lounge / Theatre – plush Carpet, Full blackout blinds, TV port, led downlights.
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Property Details for 5 Franco Pl, Lara

5 Franco Pl, Lara is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 742m2. The place is currently for sale with Lara Real Estate.

Building Type
House
Land Size
742m2

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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of total area. The population of Lara in 2011 was 13,845 people. By 2016 the population was 16,375 showing a population growth of 18.3% in the area during that time. The predominant age group in Lara is 40-49 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation. In 2011, 76.8% of the homes in Lara were owner-occupied compared with 75.1% in 2016.

Lara has 10,815 properties. Over the last 5 years, Houses in Lara have seen a 35.55% increase in median value, while Units have seen a 39.84% increase. As at 31 July 2024:

  • The median value for Houses in Lara is $720,867 while the median value for Units is $461,015.
  • Houses have a median rent of $545 while Units have a median rent of $415.
There are currently 108 properties listed for sale, and 24 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Lara.

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Chris Mckay
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Nathan Loutit
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Lara Real Estate
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