Positioned in one of Laras most sought-after pockets, this outstanding vacant land opportunity presents the perfect combination of size, location, and development potential. Set on an expansive 1,161sqm (approx.) allotment, this property comes with an approved permit for the development of three townhouses, making it an ideal opportunity for builders, developers, and savvy investors ready to commence their next project.
With a flat and mostly cleared landscape, this impressive parcel offers a versatile blank canvas for immediate development or future investment potential (STCA). Whether you are looking to capitalize on the approved townhouse project or secure a substantial landholding in a rapidly growing area, opportunities like this are becoming increasingly rare.
Key Features:
Vacant land of this scale with approved development potential is a rare offering in the thriving Lara market. Surrounded by quality homes and ongoing growth, this is an exceptional opportunity to secure a premium development site in a highly desirable family-friendly community.
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Contact us today for more details:
1300 845 156 | Greenfields Real Estate
PLEASE NOTE: Photos are for illustration purposes only.
Due diligence checklist - for home and residential property buyers -
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. All information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Greenfields Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.
The size of Lara is approximately 89.5 square kilometres. There are 45 parks, covering nearly 6.7% of the total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.
Lara has 12,314 properties. Over the last 5 years, Houses in Lara have seen a 15.26% increase in median value, while Units have seen a 36.58% increase. As at 31 May 2026:
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