SOLD
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Sold on 09 Oct 2024 for $600,000

34 Ulm Street
Laverton VIC 3028

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Property Details for 34 Ulm St, Laverton

Building Type
Land

Last Listing description (October 2024)

Strategically situated in the prestigious Laverton locale, this remarkable development site spanning 605 sqm (approx.) presents discerning investors with a rare chance to acquire substantial land in a prime location. Boasting proximity to boutique shops, charming sidewalk cafés, and fine dining establishments, this address promises a cosmopolitan lifestyle imbued with convenience. Transport accessibility is unparalleled, with trains and buses mere steps away, while abundant parklands in the vicinity offer serene retreats just moments from your doorstep.
This exclusive offering comes with approved plans and permits, accompanied by meticulously prepared working and engineering drawings for a luxurious development comprising three architecturally designed dual-level dwellings.
The thoughtfully curated plans encompass:

- TOWNHOUSE 1 (Double Storey): Featuring 3 bedrooms, 2 bathrooms, and a single garage with its own driveway.
- TOWNHOUSE 2 (Double Storey): Offering 2 bedrooms, 2 bathrooms, and a single garage.
- TOWNHOUSE 3 (Double Storey): Highlighting 2 bedrooms, 2 bathrooms, and a single garage with a reverse living layout for added distinction.
Flexible options abound for prospective buyers:
- Proceed with construction to initiate a lucrative rental portfolio.
- Opt to reside in one dwelling while leasing out the others for added income.
- Explore the possibility of selling individual units or the entire development.

Commuting convenience is a hallmark of this address, with Laverton Station within a short walking distance, facilitating seamless travel to Melbourne's central hub. Local amenities, including shops and Central Square Shopping Centre, are easily accessible, while swift freeway connections and the forthcoming Westgate Tunnel Link streamline access to the city and airport.
Nestled within the heart of Laverton, this development site strikes a perfect balance between urban accessibility and suburban tranquillity, promising an unparalleled lifestyle proposition.

For a comprehensive review of detailed plans, planning permits, and engineering drawings, please reach out to Sumit Miglani.
(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)
The ACE TEAM eagerly anticipates welcoming you to the inspections and facilitating your exploration of this exceptional opportunity.
Please refer to the provided Due Diligence Checklist for further guidance: [Due Diligence Checklist Link]
Disclaimer: All dimensions, sizes, and layouts are approximate. The producer or agent bears no responsibility for errors, omissions, or misstatements. The plans and images are for illustrative purposes only and should be construed as such.

Property History for 34 Ulm St, Laverton, VIC 3028

A timeline of how this property has performed in the market
Last Sold
$600,000
09 Oct 2024
  • 09 Oct 2024
    Sold for $600,000
  • 01 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 21 Feb 2024
    Listed for Sale $600,000 - $640,000
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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 24 properties listed for sale, and 13 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Laverton.

Suburb Insights for Laverton 3028

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Sumit Miglani
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Sunil Singh
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Ace 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.