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62 Lester Avenue, St Albans, VIC 3021, 5 Bedrooms, 1 Bathrooms, House

$650,000 to $699,000

62 Lester Avenue, St Albans, VIC 3021

5
1
697m2
HouseListed on Tue Oct 1
Estimated priceNorth West Melbourne

St Albans 5 Bedroom Prime Development Opportunity

Investors and developers, take note! This expansive 5-bedroom weatherboard home sits on a generous 697m? allotment, offering incredible potential for redevelopment, subdivision, or future capital growth (Subject to council approval). Located in a prime position, this property represents an outstanding opportunity for those looking to capitalize on the high-demand market.

The spacious residence provides ample scope for renovation or redevelopment, featuring five generously sized bedrooms, front living spaces, and period charm throughout. Whether you're looking to hold for rental returns or unlock the full value of the land, this property offers flexibility and promise.

The sizeable 697m? block, with its wide frontage and excellent site dimensions, is ideal for multi-dwelling development or a knockdown rebuild (subject to council approval). Positioned in a sought-after location, this property is just moments from schools, parks, shopping, and public transport, making it highly appealing to future homeowners or tenants.

Don't miss this rare opportunity to secure a versatile property in a thriving area. Whether you're looking to develop, invest, or landbank, this property ticks all the right boxes!

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
St Albans East Primary School
0.47 km
Primary
Prep-6
Government
icsea: 945
St Albans Secondary College
0.71 km
Secondary
7-12
Government
icsea: 955

Property history

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For developers

St Albans surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/83 Lester Avenue, St Albans
0.17 km
3
1
-m2
Year 2024 Month 12 Day 15
$550,000
Council approved
71 Vincent Avenue, St Albans
0.20 km
0
0
-m2
Year 2024 Month 12 Day 11
$635,000
Council approved
79 Lester Avenue, St Albans
0.14 km
3
1
-m2
Year 2024 Month 11 Day 14
$750,000
Council approved
34 Station Avenue, St Albans
0.30 km
4
1
-m2
Year 2024 Month 09 Day 03
-
Council approved
1/82 McArthur Avenue, St Albans
0.18 km
2
1
-m2
Year 2024 Month 08 Day 04
$472,000
Council approved

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Ref:1P7361Last update:2024-11-18 10:57:30