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
