FOR SALE
Sale Price Unavailable

39 & 41 Fitzroy Street
Laverton VIC 3028

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 975m2
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An exciting Development Opportunity making it the perfect Investment

Living Prospect is thrilled to present a remarkable boutique townhouse development opportunity at 39 & 41 Fitzroy Street, Laverton. This prime property offers outstanding potential for investors and developers, with excellent connectivity, a strategic location, and proximity to essential amenities and services.
Key features of this exceptional property include:
-Generous landholding of 975sqm*, providing ample space for a boutique residential project or mixed-use development
-Zoned Residential Growth Zone (RGZ 1), ideal for high-density residential development, medical, or childcare facilities (STCA)
-Positioned near the vibrant Aviation Road retail precinct, offering convenient access to IGA, Bendigo Bank, Australia Post, cafes, restaurants, and boutique shops, ensuring future residents enjoy a lively community atmosphere
-Currently both leased with a monthly income of $3519
Excellent transport options, including:
-Laverton Train Station just 500 metres away, providing seamless connections to Melbourne's CBD
-The Princes Freeway onramp, only 800 metres away, offering quick access to Melbourne’s central business district and the broader metropolitan area
-The surrounding area is experiencing significant infrastructure development, boosting local convenience and enhancing property values
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Property Details for 39 & 41 Fitzroy St, Laverton

39 & 41 Fitzroy St, Laverton is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 975m2. The place is currently for sale with Living Prospect Real Estate.

Building Type
House
Land Size
975m2

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About Laverton 3028

The size of Laverton is approximately 3.8 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Laverton in 2011 was 4,064 people. By 2016 the population was 4,901 showing a population growth of 20.6% in the area during that time. The predominant age group in Laverton is 20-29 years. Households in Laverton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laverton work in a labourer occupation. In 2011, 54.2% of the homes in Laverton were owner-occupied compared with 48.7% in 2016.

Laverton has 2,893 properties. Over the last 5 years, Houses in Laverton have seen a 9.32% increase in median value, while Units have seen a 12.51% increase. As at 30 November 2024:

  • The median value for Houses in Laverton is $656,250 while the median value for Units is $505,480.
  • Houses have a median rent of $445 while Units have a median rent of $485.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Laverton.

Suburb Insights for Laverton 3028

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Lourdes Piscopo
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Ella Saliba
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Living Prospect Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.