$595,000 - $625,000

2 Bed  •  1 Bath  •  3 Car  •  1173m²

Villarosa Real Estate
Main view of Homely house listing, 54 Spruhan Avenue, Norlane VIC 3214
Floorplan of Homely house listing, 54 Spruhan Avenue, Norlane VIC 3214
Second view of Homely house listing, 54 Spruhan Avenue, Norlane VIC 3214
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54 Spruhan Avenue, Norlane VIC 3214

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$595,000 - $625,000

  • 2
  • 1
  • 3
  • 1173m²

House for sale4 days on Homely

What's around Spruhan Avenue

House description

“Land bank, make bank”

Let’s be honest - this one’s not winning any beauty contests but what it lacks in street appeal, it more than makes up for in potential. Sitting proudly (and a little wearily) on a whopping 1,173m² (approx.), this is the kind of block that gets developers and savvy investors grinning from ear to ear.

The house? Well, let’s just say it’s “vintage” - perfect if you’re a fan of the 1970s or a contestant on The Block. But the real magic here lies outside: a huge, flat site with dimensions that just scream multi-unit development super site (STCA).

With the unit market going from strength to strength, this is your chance to capitalise on a location just 1km from the ocean (yep you read that write) and still affordable for the masses - at least for now. Norlane is back on the radar of investors and becoming the smart money’s next big play.

Whether you’re ready to roll up your sleeves or roll in the bulldozers, this one’s all about having vision and those with it reap the rewards.

FAQ:
No planning overlays such as flooding
Not in a designated bushfire prone area
Sewer exists across the back boundary (super convenient for developing!)
Rates $1,954.05pa
No we don't have plans and permits - do things your way without paying more for plans you won't use!

Be quick.

Property features

broadband

Broadband

fullyFenced

Fully Fenced

shed

Shed

Other features

0

Land details

Area: 1173m²

Documents

Statement of Information: View

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Third view of Homely house listing, 54 Spruhan Avenue, Norlane VIC 3214View more
Fourth view of Homely house listing, 54 Spruhan Avenue, Norlane VIC 3214View more

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54 Spruhan Avenue, Norlane VIC 3214
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