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109 Princes Hwy

Norlane VIC 3214

6
2
2
998 m²
House
Currently for sale - view listing

Overview

Rare Corner Block With Generous Accommodation and Strong Returns

Positioned along the Princes Highway on a prominent corner block and set on a substantial landholding of approximately 998 m², this property presents a rare and versatile opportunity for buyers seeking space, flexibility and long term potential. Offered as one combined holding, the accommodation and land size on offer make this an exciting prospect for extended families, investors or those looking to explore future development potential (STCA). The home delivers generous proportions throughout, offering a total of six bedrooms and two bathrooms, making it ideal for larger households or multi generational living. Two large living areas provide plenty of room to spread out, each fitted with split system heating and cooling to ensure year round comfort. Whether it's separate zones for family living, entertaining or working from home, the layout allows for a range of lifestyle needs. Both bathrooms are well appointed and include baths, with the added convenience of two separate toilets to comfortably service the household. The property is fully fenced, offering privacy and security, with ample outdoor space for children, pets or future improvements. For investors, the property presents a strong holding opportunity with an estimated rental return of approximately $800 per week, making it appealing from both an income and long term growth perspective. What truly sets this opportunity apart is the size of the allotment. With approximately 998 m² of land, the site offers outstanding scope for future development or enhancement (STCA), while still providing strong rental or holding appeal. The location is highly practical and well connected. The property is within close proximity to Corio Village Shopping Centre for everyday shopping and services, local schools and childcare facilities, medical centres, and public transport options. North Shore and Corio train stations are just minutes away, providing easy access to Geelong CBD and Melbourne. The Ring Road is also nearby, ensuring convenient travel to Melbourne, the Surf Coast and surrounding suburbs. Leisure options are well catered for with local parks, sporting reserves and community facilities all close at hand. Opportunities of this scale, with this level of accommodation and future potential, are increasingly hard to find. This is a chance to secure a significant landholding with immediate versatility and long term upside in a well established and accessible location.

Features

6 bedrooms
2 bathrooms
2 carspaces
998 m² lot size
House

Property history for 109 Princes Hwy

2023
Rented
Undisclosed
Leased on 01 Oct 2023 by ace Real Estate Laverton
2017
Sold
$545,000
Private Sale/Treaty on 05 Dec 2017 by Chari Emirzade, of Barry Plant - Geelong

Happy sellers in Norlane

90%
90% of sellers in Norlane reported that their sale price either exceeded or met their price expectations.

Norlane stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Norlane over the last 12 months.

Local market activity for 6 bedroom houses in Norlane

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