39 Gardenia GroveNorlane VIC 3214
Property Details for 39 Gardenia Gr, Norlane
39 Gardenia Gr, Norlane is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 643m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Norlane in the last 12 months.
Last Listing description (December 2023)
Those who roll up their sleeves will reap the reward.......
Alright, let's be real... 39 Gardenia Grove in Norlane is a bit of a fixer-upper – a diamond in the rough. This three-bedroom house on a 643 sqm corner block is a blank canvas with endless possibilities. It might not be stealing the spotlight right now, but for the right visionary, this could be the ultimate development jackpot. At this price, you're buying the land, and there's a bonus of a free house!
Development Haven: This property is practically waving a banner saying, "Developers, over here!" Explore the potential to knock down the existing house and create multiple 2-storey dwellings or cutting off the back half of the block for another masterpiece (Subject to all the relevant approvals of course). Perfectly positioned on the corner of Gardenia Grove & Plume Street, options are vast with this property.
Fixer-Upper Bliss: Yes, the house needs some love, but for those with a knack for renovation, this is your time to shine. Unleash your creativity and turn this almost-charming house into a real estate gem, adding value to live in, rent out, or flip; plenty that can be done to make money quickly.
Size Matters: With a generous 643 sqm corner block to play with, the potential for maximizing space and creating something truly unique is limitless. Let your imagination run wild!
Investment Goldmine: Whether you're a seasoned developer or someone ready to roll up their sleeves, this property is an investment waiting to happen. It won’t take much to get this home up to rental standards; all the hard work has been done (electrical & gas compliance). So, a couple of quick fixes, pop a renter in, and plan your next steps for development success!
Ready to seize this golden opportunity? Let's chat and turn this potential-packed property into a real estate success story!
All information provided by Real Estate Geelong is presented in good faith and is sourced from what is believed to be accurate and current information as of the date of publication. Real Estate Geelong and its representatives merely transmit this information and do not warrant its accuracy. Prospective purchasers are strongly encouraged to exercise their judgment and conduct their due diligence regarding the information provided. Real Estate Geelong and its representatives shall not be held responsible for any losses resulting from actions or decisions made in reliance on the information provided. The use of such material is undertaken at your own risk. Any conceptual site plans, images, or floor plans shown are exploratory ideas and do not in any way represent the property's development or investment potential upon purchase. It is advisable to seek professional advice from Town Planners, Builders, Designers, Accountants, Financial Advisers, and Building and Land Surveyors to assess the property's possibilities.
Property History for 39 Gardenia Gr, Norlane, VIC 3214
- 21 Dec 2023Sold for $440,000
- 13 Nov 2023Listed for Sale $420,000 to $460,000
- 18 Nov 2021Listed for Rent - Price not available
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About 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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