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1 Blair Court, Norlane, VIC 3214, 0 Bedrooms, 0 Bathrooms, Section
New

$549,000 - $599,000

1 Blair Court, Norlane, VIC 3214

1141m2
SectionListed on Mon Feb 17

Norlane Investment Dream with Multiple plans waiting, Approved Plans for 5 Units on 1141sqm

A fantastic opportunity presents a rare and lucrative opportunity for developers and investors. This expansive block of land comes with approved plans permit for 5 modern townhouses, making it an ideal site for a multi-faceted residential project. With ample space and a prime location, this property offers enormous potential for capital growth and long-term profitability.

The design allows for flexible living arrangements, with each room having its own en-suite bathroom, making it a highly desirable option for tenants seeking privacy and convenience. This development offers a steady rental income stream and addresses the demand for rooming houses in the area.

In addition to the rooming house, the permits also include plans for the construction of 5 stylish townhouses. These contemporary, low-maintenance homes will appeal to a variety of buyers, from young professionals to small families. Each townhouse will feature modern designs, high-quality finishes, and private outdoor spaces, offering an attractive living option in a rapidly growing neighborhood.

- Plans Permit Approved for 5 Units

- Close to All amenities

- Ready to Build

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Northern Bay P-12 College-Tallis Street P-8 Campus
1.00 km
Combined
Prep-12
Government
icsea: 867
Northern Bay P-12 College
2.02 km
Combined
Prep-12
Government
icsea: 867
Matthew Flinders Girls Secondary College
5.74 km
Secondary
7-12
Government
icsea: 1028

Property history

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Norlane surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5 Yalloak Street, Norlane
0.38 km
2
1
-m2
Year 2024 Month 12 Day 10
-
Council approved
10A Morona Avenue, Norlane
0.59 km
3
2
-m2
Year 2024 Month 10 Day 31
$520,000
Council approved
33 Spruhan Avenue, Norlane
0.39 km
3
1
-m2
Year 2024 Month 10 Day 22
-
Council approved
11 Tallis Street, Norlane
0.61 km
3
1
-m2
Year 2024 Month 10 Day 09
-
Council approved
70 Forster Street, Norlane
0.69 km
0
0
-m2
Year 2024 Month 09 Day 08
-
Council approved

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Ref:2477785Last update:2025-02-17 05:51:56