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
-A growing family-friendly community with parks, schools, and recreation facilities nearby, making it an ideal location for future residents and businesses
-A rare opportunity to capitalize on Laverton's forecasted 38%^ population growth, driven by ongoing urban expansion and demand for quality housing

This property represents an outstanding opportunity to secure a foothold in one of Melbourne's rapidly evolving growth corridors. Don't miss the chance to develop in a dynamic and well-connected suburb that offers strong potential for future returns.

Features