FOR SALE
$850,000

152 Power Street
St Albans VIC 3021

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 677m2
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Prime Development Opportunity: Approved Plans for 5 Townhouses, Steps from Keilor Plains Train Station!

"Presenting a rare opportunity in the heart of St Albans on Power Street, this property boasts approved building plans and permits for five townhouses, providing an enticing prospect for developers and investors alike. Situated on a generous 677m² land size, this offering is primed for transformation, with the potential to capitalize on the burgeoning demand for contemporary living spaces in this thriving locale.
The existing dwelling, a comfortable three-bedroom, one-bathroom home with a carport, sets the stage for redevelopment, with endorsed plans ready to bring to fruition a modern residential complex. With approval in place, prospective buyers can fast-track their development project, saving time and resources in the planning phase.
Positioned for unparalleled convenience, this property sits adjacent to the Keilor Plains Train Station, offering residents seamless connectivity to Melbourne's bustling city center and beyond. The proximity to public transportation enhances the appeal of this development opportunity, making it an attractive option for those seeking a convenient urban lifestyle.
Imagine the ease of commuting, with the train station just steps away, providing effortless access to work, school, or leisure activities. This prime location not only adds value to the property but also enhances the quality of life for future residents, offering unparalleled convenience in their daily travels.
Don't miss out on the chance to secure this prime parcel of land with approved plans, situated right next to the train station. Enquire today and seize the opportunity to be part of the vibrant St Albans community while reaping the rewards of this strategically located development."
Whether you're an astute investor seeking to capitalize on the demand for contemporary living spaces or a developer looking for your next project, this property presents an unmissable opportunity to make your mark in St Albans' property landscape. With approved plans and permits in hand, the pathway to realizing your vision for this prime parcel of land on Power Street has never been clearer.
For more information on the approved plans, contact us now.
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Property Details for 152 Power St, St Albans

152 Power St, St Albans is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 677m2. The place is currently for sale with Ray White Caroline Springs.

Building Type
House
Land Size
677m2

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About St Albans 3021

The size of St Albans is approximately 13 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2011 was 35,091 people. By 2016 the population was 37,325 showing a population growth of 6.4% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation. In 2011, 64.6% of the homes in St Albans were owner-occupied compared with 60.5% in 2016.

St Albans has 16,804 properties. Over the last 5 years, Houses in St Albans have seen a 15.29% increase in median value, while Units have seen a 15.14% increase. As at 31 August 2024:

  • The median value for Houses in St Albans is $658,092 while the median value for Units is $479,961.
  • Houses have a median rent of $450 while Units have a median rent of $420.
There are currently 173 properties listed for sale, and 34 properties listed for rent in St albans on OnTheHouse. According to CoreLogic's data, 546 properties were sold in the past 12 months in St albans.

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Zole Elali
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Bailey Chircop
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Ray White Caroline Springs
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