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5 Thomson Street
lexton
VIC, 3352

SOLD

Sold for $285,000

listing rooms 1
listing bathrooms 1

Central House and land of 2 acres in Lexton

Explore the subdivision potential of this Lexton house and land allotment, a 2-acre property at 5 Thomson Street. Services are connected to the property include mains power, town water and septic tank which is located on the north side of the home these services allow for a functional property including toilet, shower room & basic kitchen facilities. Zoned for low-density living, the land is divided into four half-acre crown allotments, each with its own road frontage, providing a unique opportunity for development or subdivision, pending council approval. The property sits on one title and is currently occupied.

Ideally situated within walking distance to Lexton township and its amenities, and with a favourable climate and easy access to nearby towns, this property combines convenience with the charm of country living. Perfect for those looking to invest, develop, or create a dream home, Central Lexton House and Land offers endless possibilities for enhancing value through strategic subdivision. Unlock the potential of this land and make your vision a reality.

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About lexton

median house price

515000

suburb growth

165.8%

median house rent

400

suburb rental yield

4.0%

Similar Properties

Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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