RGZ 1 ( Growth Zone )

This vacant residential land is in a prime location, situated directly across the street from the Laverton train station. With a frontage of 24.4 meters and a length of 38.1 meters, the total area of the land is 929 square meters.
This land is an excellent opportunity for investors looking to develop a multi-unit complex or two separate homes on the site. The location, proximity to public transportation, and ample space make it an ideal location for a residential or commercial development.
As the land is situated in a residential area, any commercial application would be subject to council approval. However, with the high volume of pedestrian and vehicular traffic passing through the area, the potential for a successful commercial venture is significant.
In addition to its prime location, the land’s rectangular shape and generous size make it an attractive option for development. This presents a range of possibilities for potential developers to explore, such as multi-story apartments or townhouses, all subject to council approval.
Overall, this vacant land presents a rare opportunity for investors and developers to secure a prime piece of real estate in a highly sought-after location. With its ample size, prime location, and a range of potential uses, this property is an excellent investment opportunity that should not be missed.