4 Michell Cl, Norlane is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 612m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Norlane in the last 12 months.
Located to the West of Thompson Road and only 150 metres from the Donnybrook Road shops, this is a prime development opportunity in a quiet neighbourhood location. The property is set on a 612sqm allotment and boasts a 15.7metre north facing frontage.
The current dwelling is not move in ready and would take extensive work to make it habitable. The property features a large garage and multiple garden sheds. The location is easily accessible without being on a major through way and is within walking distance of bus services.
This is the ideal 2-lot subdivision (STCA) proposition offering a generous frontage, and only a rear easement. The zoning is General Residential Zone - Schedule 1 making it the ideal development proposition for those ready and able to start their next project.
? 612sqm allotment
? 15.7 x 39.6 metres
? North facing property
? Close to public transport and Donnybrook Road shops
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 5,371 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:
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