42 Dunloe Avenue
Norlane, VIC 3214

Overview

Subdivision-Ready Opportunity in Norlane West

Positioned in the tightly held pocket of Norlane West, this property offers an exceptional opportunity for investors, developers, or those seeking to unlock future value. The site is set on approximately 545 square meters, with groundwork already completed for subdivision. This presents the chance to finalize the remaining services and create two separate blocks, subject to council approval.

The existing home features two bedrooms and one bathroom, providing immediate holding income potential. This allows owners to rent out the front residence while planning their next move. Whether you decide to develop now or hold the land for future use, the flexibility of this property is a significant advantage.

Conveniently located close to local shops, schools, and public transport, the property is well-positioned to attract ongoing tenant demand. It also appeals to future buyers or developers looking for a promising investment in a high-growth, well-connected area.

This is an exciting opportunity with multiple pathways to profit, offering both immediate income and long-term development potential.

For further information, a due diligence checklist is available at the Victorian Government consumer website.

Location