62 Lester Avenue
St Albans vic 3021

Investors and developers, take note! This expansive 5-bedroom weatherboard home sits on a generous 697m² 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 697m² 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!