3 Luton Court, Croydon VIC 3136

Introducing 3 Luton Court, a rare chance to secure a spacious 4-bedroom, 1-bathroom home priced at land value.

Nestled at the bowl of a quiet court on a generous 1,075m² (approx.) block zoned GRZ1, this property offers incredible potential for renovation or future development (STCA).

Market conditions are on the upswing, with interest rates starting to trend down and a continued housing shortage poised to bolster property values over the short to medium term.

This creates a ripe opportunity for savvy builders and investors to capitalize on Croydon's thriving market.

Conveniently located near McAdam Square's shops and cafés, and in close proximity to prominent local schools, 3 Luton Court promises a lifestyle appeal for both families and renters alike.

Adding to its investment allure, the current long-term tenant is on a month-to-month arrangement and would be happy to stay on, providing immediate rental income while you plan your next move.

Whether you're looking to renovate, rebuild, or pursue development options, this property offers a rare platform for growth.

Don't miss out enquire today!