3-5 Melrose Street, Lara VIC 3212

This family-sized dual-level four-bedroom home is waiting for someone to unlock its full potential. Offering original 1970s features, two separate titles and backing onto Flinders Reserve.
This property offers a unique opportunity for the astute buyer to secure a prime location in the sought-after suburb of Lara. With multiple options available, this property has the potential to suit a variety of needs and lifestyles.
The sizeable four-bedroom house provides ample living space for a growing family or those looking for extra room to entertain guests. The lower zone, with its living area, bedroom, ensuite and large workshop area, could be the ideal place to run your home business. The spacious yard is perfect for kids and pets, while the Kevin Hoffman walk at the back of the property offers easy access for your daily exercise needs. Or, of course, you can spend your time relaxing on the deck while taking in the views of the surrounding native landscape.
The property's dual titles and expansive land size present a golden opportunity for subdivision, subject to council approval. Given the scarcity of available land in the coveted Lara neighbourhood, this presents a rare chance to divide and build, with the potential for significant returns. Whether you're a seasoned developer or a first-time investor, this prime location offers excellent prospects for capital growth. Don't miss this extraordinary opportunity to shape your property portfolio in one of Lara's most desirable locales.
Call today to book our inspection or attend an upcoming open for inspection.