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42 Dunloe Avenue

Norlane VIC 3214

2
1
545 m²
House
Currently for sale - view listing

Overview

Subdivision-Ready Opportunity in Norlane West

Positioned in the tightly held pocket of Norlane West, this property presents an outstanding opportunity for investors, developers, or those looking to unlock future value. Set on approximately 545sqm, the groundwork has been laid for subdivision, offering the chance to complete the remaining services and create two separate blocks (STCA). The existing two-bedroom, one-bathroom home provides immediate holding income potential, allowing you to rent out the front while planning your next move. Whether you choose to develop now or landbank for the future, the flexibility here is a major drawcard. Located close to local shops, schools, and public transport, the property is well-positioned to attract ongoing tenant demand while also appealing to future buyers or developers. An exciting opportunity with multiple pathways to profit in a high-growth, well-connected location. Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Features

2 bedrooms
1 bathroom
545 m² lot size
House

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 2 bedroom houses in Norlane

In the last 12 months, 67 two-bedroom houses similar to 42 Dunloe Avenue, have been sold.

This represents a 28% decrease in two-bedroom houses sales when compared to the previous 12 months.

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