53 Princes Highway, Norlane VIC 3214

$409,000 - $449,000

4 beds

2 baths

4 parking

1 Title, 2 Dwellings & Loads of Potential - 8+% Return

Presenting an excellent investment opportunity, this property boasts two units-a well-crafted blend of homeliness, convenience, and great rental potential. The front unit features a spacious open living room and a sizeable modern kitchen. It has two thoughtfully designed bedrooms, one adorned with built-in wardrobes and both with carpeted floors. The rear unit offers additional accommodation, featuring a bedroom with built-in robes alongside a second room that can be efficiently utilised as a living room or an additional bedroom. The separate bathroom, comprising a toilet, shower, and vanity, ensures privacy and comfort. The centrally located kitchen and meals area includes durable wooden cabinets and a standalone gas cooktop and oven. A shaded carport at the rear provides secure parking. All set on a 736 sqm allotment with potentially yard space to add another dwelling (stca). In need of some minor works, the potential to add value is undeniable, even sitting on the Highway service lane offers commercial potential (stca). The property is comfortably nestled close to Corio Bay, Labuan Square Shopping Centre, Robin Avenue and even Corio Village is not to far away adding to its convenience. Quality education is nearby, with St.
Thomas Aquinas Primary School and other amenities such as Barwon Health North Hospital and other health care providers. Whether you seek an investment opportunity or an enchanting residential situation, this pair of homes, located near urban amenities, is sure to appeal.

Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist

Property Details

• Type: House
• Bedrooms: 4
• Bathrooms: 2
• Toilets: 2
• Carport Spaces: 2
• Other Parking: 2
• Land Area: 739 m² (approx)
• Tenancy: Tenanted

Features

• Air Conditioning
• Built-In Robes

• Other features: Carpeted, Close to Schools, Close to Shops, Close to Transport, Heating, Toilet Facilities