Knock down and Rebuild Opportunity next to Laverton Station!

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26 Cole Street, Laverton VIC 3028

$550,000-$600,000

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$550k - $578k Transparent Transparent Listing Based on an openly advertised listing price.

Land 567 m²

Listed: 10 hours ago

Overview

This substantial 567 square metre land allotment in Laverton offers a rare knock down and rebuild opportunity adjacent to an open park and within easy reach of Laverton Station and freeway access, creating an excellent canvas for a variety of buyers and developers alike.

The parcel benefits from having no neighbours on one side, adding to the sense of space and privacy that this site affords. It presents a unique opportunity for first-home buyers to start with a blank slate, allowing them the freedom to craft a home that mirrors their personal vision and lifestyle needs without compromise.

For investors and developers, the site’s size and existing plans and permits for three townhouses highlight its strong redevelopment potential, subject to council approval. This is ideal for those looking to capitalize on Laverton’s growth and create multi-dwelling accommodation in a sought-after location.

The property is well positioned close to essential amenities such as local shops, schools, and public transport. This means future residents will enjoy the convenience of city connectivity while living in a quieter, more suburban environment next to green open space, appealing to a broad demographic including families and professionals.

Land size of approximately 567 sqm with room to build
Existing plans and permits for three dwellings to assist with development feasibility
Excellent location close to Laverton Station and major transport routes
Opportunity perfect for first home buyers, investors, or developers

This land opportunity presents genuine potential for personalised residential living or a promising development project in a well-connected and growing suburb.

Local Market Insights

In Melbourne - West, Quiet Listings observed 64 new parcels of land entering the market over the last 30 days, down from 78 during the previous 30-day period, with an average advertised asking price of $656,391. The property type mix of listed properties is predominantly Houses at 70%, followed by townhouses (8%), and apartments (6%). The most active agency for land in the Melbourne - West area is currently Ray White, representing 33% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.