14 Leonard Avenue, St Albans, VIC, 3021

Permit Approved. Dual Income. Prime St Albans Location.

House
Type
4
Bedrooms
2
Bathrooms

Published on Tuesday, April 14, 2026 ( See property details for 14 Leonard Avenue, St Albans, VIC, 3021)

$670,000 to $730,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in a prime St Albans location offering approved development plans, dual income potential, and strong growth prospects.

🏑 Property Highlights

  • Approved plans for two side-by-side four-bedroom townhouses, enabling immediate construction.
  • Existing dwelling split into two self-contained residences with dual rental income potential.
  • Prime location within walking distance to St Albans Train Station and vibrant shopping precinct.
  • Strong growth area with ongoing development and high demand for properties.
  • Approximately 650m2 land size in a proven growth pocket of St Albans.
  • Excellent access via wide driveway to rear, supporting practical development.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Garage
  • Home Office / Study
  • Air Conditioning
  • Ensuite
  • Internal Laundry
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14 Leonard Avenue
St Albans, VIC 3021
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Vertical aerial view β€” 14 Leonard Avenue
14 Leonard Avenue — Vertical Aerial  •  St Albans, VIC 3021  •  Nearmap © 2026

St Albans is a vibrant suburb renowned for its strong community feel, excellent transport links, and diverse amenities. Key highlights include its proximity to train stations, a bustling shopping strip with cafes and restaurants, and a range of quality schools. The area continues to attract investors and families alike, supported by ongoing development and high rental demand.

What are the future development possibilities for this property?
The property comes with endorsed town planning and engineering drawings for two side-by-side four-bedroom townhouses, allowing for immediate construction and development.
Can I generate rental income from the existing residences?
Yes, the existing dwelling has been split into two fully self-contained residences, each with its own kitchen, bathroom, and separate power meters, providing dual rental income potential.
What amenities and transport options are nearby?
The property is within walking distance or a short drive to St Albans Train Station, with easy access to Alfrieda Street shopping strip, cafes, restaurants, and essential retail. Nearby schools include St Albans Secondary College and primary schools, with good connectivity via Western Ring Road.
Is the property suitable for landbanking or immediate development?
Yes, the property is ideal for landbanking or immediate development, with approved plans allowing for quick commencement of construction when ready.
Are there any additional costs or fees associated with the approved development plans? Have all necessary permits and approvals been obtained and are they compliant with current regulations? Are there any existing defects or issues with the current residences or land? Are there any zoning restrictions, easements, or covenants affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction activities nearby that could impact the property? Is the property part of a strata or body corporate scheme, and what are the associated fees? What are the potential costs for connection to utilities and services for the new development? Are there any restrictions on property modifications or extensions? What is the history of the property regarding previous renovations or repairs?

14 Leonard Avenue, St Albans, VIC, 3021 - More Details

Permit Approved. Dual Income. Prime St Albans Location.

Opportunities like this are getting harder to find. Set on approximately 650m2 in a proven growth pocket of St Albans, this property delivers on all fronts with approved plans, holding income and a location that consistently attracts buyers and tenants. The site comes with endorsed town planning and engineering drawings for two side by side four bedroom townhouses, allowing you to bypass the lengthy approval process and move straight into construction when ready. In the meantime, the existing dwelling has already been split into two fully self contained residences. Each offers two bedrooms, its own kitchen and bathroom, along with separate power meters, making it ideal to generate dual rental income and offset holding costs. The wide driveway provides excellent access through to the rear, further enhancing the practicality and design of the approved development. From a location standpoint, this is exactly where you want to be. Walking distance or a short drive to St Albans Train Station and the vibrant Alfrieda Street shopping strip, with cafes, restaurants and essential retail all close by. Nearby schools include St Albans Secondary College, St Albans East Primary School and St Albans Heights Primary School, while Victoria University St Albans Campus is also within easy reach. Access to Western Ring Road and major arterials ensures strong connectivity to the CBD and surrounding suburbs. This is a high demand pocket backed by consistent buyer activity, strong rental returns and ongoing development, making it a smart acquisition whether you build now or landbank and hold. Approved, income producing and positioned for growth, this is the type of opportunity developers wait for. For a copy of the endorsed plans and further details, get in touch.
Type
House
Bedrooms
4
Bathrooms
2

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