71-73 Pipe RoadLaverton North VIC 3026
Property Details for 71-73 Pipe Rd, Laverton North
Last Listing description (June 2023)
Underpinned by a high underlying land value and record low vacancy levels, the offering generates the following institutional investment features:
Regular shaped freehold land holding of 49,000m with a substantial 136 metre street frontage, providing flexibility and strategic redevelopment upside.
Versatile improvements of 17,755m allowing a multitude of repurposing and repositioning opportunities
Strategic WALE of 0.66 years (by income) yielding immediate upside
Laverton North is a land constrained market, with exceptionally strong rental / capital growth prospects and will further benefit from the rapid growth of e-commerce
Strategic location offering excellent access to existing precinct amenity and major road infrastructure including Western Ring Road (M80), West Gate Freeway and Princes Freeway (M1) and Boundary, Fairbairn and Somerville Roads
71-77 Pipe Road, Laverton North is being offered for sale via Expressions of Interest campaign closing 4:00pm (AEST) Friday, 24th June 2022.
Property History for 71-73 Pipe Rd, Laverton North, VIC 3026
- 07 Jun 2022Listed for Sale Please contact agent
- 06 Aug 2014Listed for Rent - Price not available
- 28 Feb 2014Sold for $8,700,000
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About Laverton North 3026
The size of Laverton North is approximately 15.4 square kilometres. There are 7 parks, covering nearly 12.2% of the total area. The population of Laverton North in 2016 was 73 people. By 2021 the population was 119 showing a population growth of 63.0% in the area during that time. The predominant age group in Laverton North is 50-59 years. Households in Laverton North are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Laverton North work in a machinery operators and drivers occupation.In 2021, 23.50% of the homes in Laverton North were owner-occupied compared with 32.60% in 2016.
Laverton North has 1,469 properties. As at 31 July 2026:
- The median value for Houses in Laverton North is $846,550 while the median value for Units is $556,408.
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