FOR SALE
$500,000 - $550,000

6 Rennie Street
Lara VIC 3212

Bedrooms: 3
Bathrooms: 2
Car spaces: 7
Land area: 511m2
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Prime Development Opportunity, Three Townhouse Site - Planning Permit Granted.

Situated just a short walk from the Railway Station and Shopping Centre is this 3 Townhouse site with a Planning Permit in place.
Unlock the potential of 6 Rennie Street, a remarkable 511m² property perfectly positioned for development in the heart of Lara. With planning permits already secured, this site features three thoughtfully designed two-storey dwellings that will cater to modern living.
The concept drawings highlight the following:
Unit 1 - Two comfortable bedrooms on the ground floor, each equipped with built-in robes, accompanied by a full bathroom, laundry, and ample storage space. Venture upstairs to a bright, open kitchen and family dining zone, perfect for entertaining. A convenient powder room and a private balcony complete this inviting space and finally a single garage with panel lift door.
Unit 2 - The current design shows a single garage and a well-appointed bedroom on the ground floor, featuring a walk-in robe and a full ensuite with double vanity and large shower. Ascend to the second level to find another bedroom with an ensuite and built-in robe, alongside a powder room. The open family kitchen and living area, paired with a balcony, provide the perfect backdrop for relaxation and gatherings.
Unit 3 - The largest of the three townhouses features a double garage and an open-plan kitchen, living, and dining area on the ground floor, complete with a powder room and laundry for convenience. Upstairs, three well-sized bedrooms await. The master suite offers a walk-in robe and a full ensuite, complemented by a separate toilet and a family bathroom with a shower and vanity. Bedrooms two and three also feature walk-in robes, ensuring ample storage and comfort for all.
This exciting proposition not only offers a chance to develop high-quality residences but also positions you within a vibrant community, close to amenities and transport links.
• Desirable Central Location
• Melbourne Side of Lara
• Flexible Opportunity
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Property Details for 6 Rennie St, Lara

6 Rennie St, Lara is a 3 bedroom, 2 bathroom Other with 7 parking spaces. The property has a land size of 511m2. The place is currently for sale with Ray White Lara.

Building Type
Other
Land Size
511m2

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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 10,774 properties. Over the last 5 years, Houses in Lara have seen a 29.28% increase in median value, while Units have seen a 25.52% increase. As at 31 October 2024:

  • The median value for Houses in Lara is $709,289 while the median value for Units is $448,451.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 106 properties listed for sale, and 23 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Lara.

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Ray White Lara
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