PRIME DEVELOPMENT OPPORTUNITY - RARE DUAL TITLE HOLDING WITH 67M FRONTAGE

For Sale

21 Buckingham Street, Lara, VIC, 3212

PRIME DEVELOPMENT OPPORTUNITY - RARE DUAL TITLE HOLDING WITH 67M FRONTAGE

House

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, April 08, 2026 ( See property details for 21 Buckingham Street, Lara, VIC, 3212)

$1,550,000

Karen Branch - Real Estate Agent - Lara Branch Realty - LARA

Karen Branch Director

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Adrian McEvoy - Real Estate Agent - Lara Branch Realty - LARA

Adrian McEvoy Director, Licensed Estate Agent

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AI Property Insight

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

A rare 2,878m² landholding in a sought-after location, offering development potential and a charming three-bedroom weatherboard home.

🏡 Property Highlights

Exceptional development potential with zoning for Residential 1
Large landholding of approximately 2,878m² across two titles
Prime location within walking distance to schools, shopping, and cafes
First time offered in over 50 years, presenting a rare opportunity
Expansive 67-metre frontage ideal for future development or landbanking
Well-maintained three-bedroom weatherboard home providing immediate comfort

✨ Key Features

Built-in Robes
Outdoor Area
Shed
Open-Plan Living
Waterfront / Views
Garage / Secure Parking
Internal Laundry
Ceiling Fans
Security Screens / Gates
Fly Screens

Suburb and Property Insights of Lara, VIC 3212

Lara is a highly sought-after suburb known for its family-friendly atmosphere, convenient access to amenities, and strong community vibe. The area offers excellent schools, shopping centres, and cafes, making it ideal for families and investors alike. Its strategic location provides easy connectivity to Melbourne and surrounding regions, ensuring a lifestyle of comfort and convenience. With a mix of established homes and future development prospects, Lara continues to attract discerning buyers seeking value and growth potential.

Frequently Asked Questions

What are the development possibilities for this property?

The property offers significant development potential (STCA) due to its large land size, zoning, and frontage, making it suitable for subdivision or new construction projects.

Is the existing home suitable for rental or immediate living?

Yes, the well-maintained three-bedroom weatherboard home provides immediate comfort and rental potential while planning future developments.

What amenities are nearby?

The property is within walking distance to local schools, Grand Lakes Shopping Centre, Millars Café, and surrounding amenities, offering convenience for residents and tenants.

Are there any restrictions or approvals needed for development?

Development is subject to council approval (STCA). It is recommended to consult with local planning authorities for specific requirements.

What is the condition of the land and existing structures?

The land is well-maintained and cleared, with a charming weatherboard home and shedding, ready for future use or development.

What to ask about this property to agent?

Are there any zoning restrictions or easements that could affect development plans? Has the land been surveyed recently, and are there any boundary disputes? Are there any planning or building approvals required for subdivision or redevelopment? Is there any history of flooding or bushfire risk in this area? Are there any upcoming council or community developments that could impact the property’s value or use?

21 Buckingham Street, Lara, VIC, 3212 - More Details

PRIME DEVELOPMENT OPPORTUNITY - RARE DUAL TITLE HOLDING WITH 67M FRONTAGE

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2

21 Buckingham Street, Lara, VIC, 3212 - Point Of Interest

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Your Commute at a Glance: 21 Buckingham Street, Lara, VIC, 3212

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Karen Branch

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Adrian McEvoy

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21 Buckingham Street, Lara, VIC, 3212

$1,550,000

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