11 Watsonia GroveNorlane VIC 3214
Property Details for 11 Watsonia Gr, Norlane
11 Watsonia Gr, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 668m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (May 2024)
Nestled on one of Norlane's finest streets, this exceptional real estate gem boasts a sprawling 668m2 block, offering you endless potential. The property is accompanied by a sturdy two-bedroom, one-bathroom house that's ready for your personal touch and care. Some thoughtful upgrades, including an evaporative split air-con system and a convenient garden shed, have already been made. Currently occupied by tenants at $320 per week, this is an investment opportunity that demands your attention.
Explore the various avenues that this property unlocks: Create Your Vision: Envision your dream home and bring it to life by starting fresh. The option to remove the existing house and construct your ideal living space is yours to seize.
Design Your Future: With the possibility of splitting the block, your vision for the future can come to fruition (Subject To Council Approval). Craft the layout that suits your needs and ambitions.
Renovate and Flourish: Turn the current house into a masterpiece with your personal style and enhancements. Renovate and capitalize on the potential value uplift.
Situated just across from St Thomas Aquinas Primary and a short stroll away from ILO Norlane Early Education Centre, Northern Bay College, North Shore Football Club, and Norlane Medical Centre, the location couldn't be more advantageous.
Don't wait, as this opportunity won't linger. Act now to secure your place in the thriving Norlane community. With a rental estimate of approximately $350 per week and a frontage of 15.2m at the front and back, as well as 44m on the side, the possibilities are expansive. The property boasts a zoning of GRZ1 and the neighboring property has already been subdivided.
Please be aware that any information provided here is accurate to the best of our knowledge but doesn't serve as a formal representation by the vendor or agent. For a comprehensive checklist of due diligence, please visit: http://www.consumer.vic.gov.au/duediligencechecklist. Opportunities like this are rare, and the time to act is now. Contact us today to seize this remarkable chance to shape your future.
Property History for 11 Watsonia Gr, Norlane, VIC 3214
- 23 Aug 2023Listed for Sale Price on Application
- 17 Jan 2023Listed for Rent $300 / week
- 31 Oct 2017Sold for $325,000
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0About Norlane 3214
The size of Norlane is approximately 5 square kilometres. It has 10 parks covering nearly 8.5% of total area. The population of Norlane in 2011 was 8,011 people. By 2016 the population was 8,316 showing a population growth of 3.8% in the area during that time. The predominant age group in Norlane is 20-29 years. Households in Norlane are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Norlane work in a labourer occupation. In 2011, 48.4% of the homes in Norlane were owner-occupied compared with 43.4% in 2016.
Norlane has 5,377 properties. Over the last 5 years, Houses in Norlane have seen a 31.43% increase in median value, while Units have seen a 31.23% increase. As at 31 October 2024:
- The median value for Houses in Norlane is $449,287 while the median value for Units is $394,117.
- Houses have a median rent of $380 while Units have a median rent of $380.
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