38 Thomas Street, Laverton, Vic 3028

$725,000 - $750,000

Residential Land
Type
640 m²
Area

Published on Monday, September 14, 2026 ( See property details for 38 Thomas Street, Laverton, Vic 3028)

$725,000 - $750,000

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

Strategically located residential land with approved development permits, substantial groundwork completed, and excellent natural light, offering a prime opportunity for developers and investors.

🏡 Property Highlights

  • East-facing orientation for excellent natural light
  • Permits nearing final approval for 5 dwellings
  • Walking distance to train station for easy public transport
  • Significant groundwork completed, saving approximately $30,000
  • Located directly opposite a shopping centre with amenities nearby
  • Development plans already progressed for a streamlined build

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Built in wardrobes
  • Walkability Score
  • Fully fenced
  • Security Screens / Gates
  • NBN / High-Speed Ready

Laverton offers a highly convenient and well-connected community with easy access to public transport, shopping centres, and essential amenities. The suburb boasts a strategic location ideal for future growth, with a friendly neighbourhood atmosphere, proximity to major transport links, and a range of local services. Its development potential makes it a sought-after area for investors and families alike.

What is the current status of the development permits?
The permits are at the final stage of approval for five dwellings, providing a clear pathway for development.
How much groundwork has been completed on the site?
The existing house has been demolished and removed, saving approximately $30,000 in demolition and disposal costs.
What amenities are nearby?
The property is directly opposite a shopping centre, with easy walking access to the train station and local shops, dining, and essential services.
Is the site suitable for multi-dwelling development?
Yes, the site has permits nearing final approval for five dwellings, making it ideal for multi-unit development.
Are there any restrictions or conditions I should be aware of?
All planning and development are subject to final approvals; prospective buyers should conduct their own enquiries regarding planning, permits, and development potential.
Are there any additional costs or fees associated with the development approval process? Have all necessary planning permits and zoning approvals been obtained and are they current? Are there any easements, covenants, or restrictions affecting the property? Is the site prone to flooding, bushfire risk, or other environmental hazards? Are there any upcoming planning or construction activities in the vicinity that could impact the site? What are the strata or body corporate considerations, if applicable? Are there any known issues with the land, such as soil stability or contamination? Is the property compliant with all local council regulations and building codes? Are there any hidden costs related to utility connections or infrastructure upgrades? What is the status of the surrounding infrastructure and future development plans in the area?

38 Thomas Street, Laverton, Vic 3028 - More Details

$725,000 - $750,000

Positioned in a highly convenient location, this east-facing development site presents an outstanding opportunity for developers, investors and astute buyers looking to capitalise on a project with much of the hard work already completed.

Key highlights include:

- East-facing orientation, capturing excellent natural light and a desirable aspect.
- Permits at the final stage of approval for 5 dwellings, providing a clear development pathway.
- Walking distance to the train station, offering convenient public transport access for future residents.
- Significant groundwork already completed - the existing house has been demolished and removed, saving approximately $30,000 in demolition and disposal costs.
- Directly opposite a shopping centre, placing everyday shopping, dining and essential amenities right at your doorstep.
= Plans and development work already progressed, allowing the next owner to step in and continue towards construction rather than starting from scratch.

With its strategic location, approved development pathway and substantial groundwork already completed, this is an opportunity designed to save time, reduce upfront costs and unlock significant development potential.

An ideal opportunity for those looking to build, develop and maximise the potential of a premium, well-connected site.

Disclaimer: All information provided has been prepared in good faith based on information available to the selling agent and/or supplied by the vendor. Purchasers should make their own enquiries regarding planning, permits, plans, dimensions and development potential. Images, floorplans and artist impressions are for illustration purposes only and may not represent the final development. No representation or warranty is made as to the accuracy or final outcome of the proposed development.
Type
Residential Land
Area
640 m²

Price guide

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