SoldSep 30, 2025

22 Portland Street, Norlane, VIC, 3214

$511,000

2
1
1
639 m²

House

8 days on the market

Sold: Sep 30, 2025

What's around 22 Portland Street

Invest Now, Develop in the Future!

Set on a generous 639m² block, this neat and well-maintained two-bedroom home offers an outstanding opportunity for astute buyers. Whether you’re looking to secure a solid investment today or unlock development potential tomorrow, this property ticks all the boxes. Inside, the home features spacious bedrooms, polished timber floorboards, a refurbished kitchen, and an updated bathroom. Currently tenanted, it presents immediate rental income while you plan its future. What truly sets this property apart is the land. With an almost entirely cleared block, developers will appreciate the time and cost savings when considering subdivision or future redevelopment (STCA). It’s a blank canvas with endless potential. Location is everything, and this one is second to none. Positioned just moments from the Princes Highway, the Spirit of Tasmania Port, Bunnings Warehouse, local medical centres, and shopping amenities, the property is superbly placed for both lifestyle and convenience. Adding to its appeal, Norlane is a suburb on the rise. With significant infrastructure investment and ongoing gentrification, it is fast becoming a hotspot for both homeowners and developers. The combination of affordability, accessibility, and growth makes this property a standout in today’s market. If you’re looking for a set-and-forget investment with serious upside, this is the opportunity you’ve been waiting for! *All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

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