Positioned in a convenient pocket of Norlane West, this updated weatherboard home presents an appealing opportunity for owner occupiers, investors and developers alike.
Situated on an allotment of approximately 545sqm, the property offers excellent future potential, with preliminary work towards a 2 lot subdivision already commenced. Subject to council and relevant authority approval and connection of electricity and water to the proposed subdivided land, there is scope to complete the subdivision and create two separate titles with land size of 227sqm and 318sqm approx, providing flexibility to develop, hold or further enhance the property over time.
The existing two bedroom home has been updated and provides comfortable accommodation with the added advantage of immediate rental potential. For investors, it offers the opportunity to generate an income while considering future development plans, while owner occupiers can simply move in and enjoy the home with options for the future.
Convenience is another major advantage, with easy access to Melbourne Road, Bunnings, local shopping, schools, childcare centres and public transport, while Geelong's CBD and major employment precincts are also within easy reach.
Features include:
• Spacious lounge with laminate flooring
• 2 bedrooms, one with built in robes
• Updated kitchen with electric cooktop, underbench oven and dishwasher
• Bathroom provides updated vanity and shower
• Approx. 545sqm allotment
• 2 lot Subdivision groundwork already commenced
Whether you're searching for an affordable home, investment, development opportunity or a property to landbank for the future, 42 Dunloe Avenue offers plenty of possibilities in an increasingly popular location.
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