Back 513 Thompson Rd
Active

513 Thompson Rd

Norlane VIC 3214

3
1
2
737 m²
House
Currently for sale - view listing

Overview

735m² of Opportunity in a Central Norlane Location with Great Development Opportunity (STCA)

Auction 14th Nov at 1:00PM Unless Sold Prior Positioned along Thompson Road in a convenient and well-established pocket of Norlane, 513 Thompson Road presents an exciting opportunity for developers, investors and buyers looking for a property with plenty of potential. Set on an approximately 735m² allotment with a 16m frontage, this property offers plenty of land to work with and is well worth exploring for those looking to unlock its future potential, subject to the relevant council approvals. The existing home is in neat condition and offers three bedrooms, a central bathroom, a separate lounge and dining area, a functional kitchen and a sunroom. Whether you're looking to secure a property to rent out, hold for the future or explore potential development options, there are several ways to approach this opportunity. For investors, the existing dwelling provides the option to generate rental income while considering your longer-term plans. Developers will appreciate the generous land size and frontage, offering an opportunity to investigate what may be possible with the allotment, subject to council approval and planning requirements. The location is another major advantage. With local schools, shopping centres, public transport and everyday amenities nearby, the property sits in an established area that continues to attract interest from buyers and investors alike. You're also within easy reach of the Geelong Ring Road, providing convenient access to Geelong CBD and the wider region. Whether you're a developer searching for your next project, an investor looking for a land-rich opportunity or a buyer wanting to secure a property with future potential, 513 Thompson Road is an opportunity worth putting on your radar. Property Features 3 bedrooms & 1 bathroom Separate lounge and dining areas Functional kitchen and sunroom Approx. 735m² allotment Approx. 16m frontage Development potential (STCA) Central Norlane location Close to schools, shops and public transport Easy access to the Geelong Ring Road Due diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist. Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters. Photo ID is required at all open for inspections.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
737 m² lot size
House

Property history for 513 Thompson Rd

2024
Rented
Undisclosed
Leased on 03 Sep 2024 by Ray White Highton
2017
Sold
$290,000
Private Sale/Treaty on 06 Jul 2017 by Chari Emirzade, of Barry Plant - Geelong
2017
Rented
Undisclosed
Leased on 18 May 2017 by Harcourts North Geelong

Happy sellers in Norlane

87%
87% 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 9 reviews in Norlane over the last 12 months.

Local market activity for 3 bedroom houses in Norlane

In the last 12 months, 76 three-bedroom houses similar to 513 Thompson Rd, have been sold.

This represents a 49% increase in three-bedroom houses sales when compared to the previous 12 months.

© 2026 RateMyAgent