Core Projects, a rapidly evolving development and project marketing firm based in Melbourne have listed twin land holdings in Lalor that feature approved plans and permits for 76 residences.Â
The adjacent sites, Block A and Block B, boast land areas of 2395sqm with 45 residences and 1810sqm with 31 residences respectively, whilst a third block that is currently under construction will feature a retail and childcare precinct to cater for future residents.
The attractive community hub will additionally see two AFL-sized ovals built within a stone’s throw of the development, whilst future residents will also be encouraged to utilise a Municipal reserve with a playground and BBQ facilities - ideal for young parents to raise their families with an abundance of amenities on their doorstep.
Data sourced from Core Logic RP Data highlights a median unit price of $327,000, whilst investors can expect yields of 5% and above -Â creating a twin demographic of young families and investors alike.Â
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