Here presented is a prime opportunity to secure two properties in the New Norlane’ precinct, ideally located with Rose Avenue shops just around the corner which provides residents with all the amenities they need, also just 2 minutes from your closest entrance to the Princes Highway, being just 10 minutes to Geelong’s CBD, under an hour to Melbourne City Centre and 30 minutes to Torquay and the surf coast, this is definitely the perfect location for your next development!
With a combined potential rental return of $430.00-$450.00 p/w.
(#35 $210.00-$220.00 p/w and #37 $220.00-$230.00 p/w). With a combined rental yield 5.4%, this spacious 1,393m2(approx.) block is sure to be suitable for both investing and developing (STCA).
Nearby there is North Shore Football and Netball Club, Stead Park, Waterworld Swimming Pool, St Thomas Aquinas Primary School and Northern Bay (P-6) Tallis Street Campus very close by you have the kids schooling and sports covered!
This kind of opportunity doesn’t come around often, call for an inspection today!

*Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent.