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12-14 Pelican Way

Lara, VIC 3212, Australia
$729,000
4 bed 2 bath 2 car445m²

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Area Price Guide
$685,260$772,740

Indicative price guide range

🏘️
83
Comparable
📊
$728,154
Area median
⚖️
0%
vs median
📐
$1,638
Per m²
📏
445 m²
Land
🗓️
1 week ago
Listed

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About this property

Positioned in a quiet and established pocket of Lara, 12-14 Pelican Way presents an outstanding opportunity for savvy investors seeking immediate returns and long-term security. Set on a low-maintenance 445m² (approx.) allotment, this well-designed home offers four spacious bedrooms, including a master complete with an ensuite, while the remaining bedrooms are serviced by a central family bathroom. Two separate living zones provide flexibility for modern family living, complemented by a functional kitchen and open-plan layout. Additional features include gas ducted heating throughout & a R/C A/C in the main living area, a double car garage, and a practical floorplan suited to a wide range of tenants. Currently leased to long-term tenants at $560 per week until March 2027, this property delivers instant rental income and peace of mind with a secure tenancy already in place. Conveniently located close to local schools, shops, parklands and public transport, this is a smart addition to any investment portfolio in a growing and well-connected community. Features: • 4 spacious bedrooms, • Central family bathroom servicing remaining bedrooms • Two separate living zones for flexible family living • Functional kitchen with adjoining open-plan area • Double car garage with internal access • Set on a low-maintenance 445m² (approx.) allotment • Currently tenanted at $560 per week • Secure lease in place until March 2027 • Long-term tenants providing immediate rental return • Ideal investment opportunity with strong rental security • Located close to schools, shops, parks and public transport • Positioned in a growing and well-connected Lara community *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.* *Photo ID is required at all open for inspections.*

Property Features

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    Repayment calculator

    $3,534/month
    $1,767 /fortnight
    Loan $583,200 at 6.10% over 30 years

    Upfront costs

    Deposit$145,800
    Stamp duty$38,810
    Conveyancing (est.)$2,000
    Total upfront$186,610
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Land Area
    445m²
    Listed
    1 week ago

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