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61 Princes Highway

Norlane VIC 3214

3
1
1
570 m²
House
Currently for sale - view listing

Overview

Corner Block with Approved Plans for Development

Positioned on a prominent corner allotment of approximately 570m², this is a standout opportunity for investors, developers, and savvy buyers looking to capitalise on a well positioned development site in a well connected Norlane location. The real value here lies in the approved plans for four double storey townhouses, offering buyers a clear framework to work from and strong future potential. Corner block sites of this nature are highly sought after, providing excellent design flexibility, improved access, and strong resale appeal once developed. Whether you're looking to progress with the existing plans or explore alternative options, this property provides a solid foundation for future growth. The existing residence offers a practical layout comprising three bedrooms and one bathroom, with two bedrooms featuring built in robes. A sunroom adds additional flexibility and space. Location is another key strength. Corio Village Shopping Centre is approximately a 3 minute drive away, providing supermarkets, retail stores, and everyday services. Northern Bay College and local primary schools are within 2 to 4 minutes by car, while North Shore Train Station is around 5 minutes away, offering convenient access to Geelong CBD and Melbourne. The Geelong Ring Road and Princes Highway are also close by, ensuring easy connectivity for commuters and future residents alike. Parks, sporting facilities, and public transport options are all nearby, further enhancing the appeal of this position. With a desirable corner block setting and excellent access to key amenities, this represents a compelling opportunity to secure a site with genuine future potential in an area continuing to attract strong buyer and investor interest.

Features

3 bedrooms
1 bathroom
1 carspace
570 m² lot size
House

Property history for 61 Princes Highway

2012
Sold
Undisclosed
Auction Sale on 23 Feb 2012 by Robert Kules, 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 3 bedroom houses in Norlane

In the last 12 months, 121 three-bedroom houses similar to 61 Princes Highway, have been sold.

This represents a 22% decrease in three-bedroom houses sales when compared to the previous 12 months.

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