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48 Rose Avenue
Norlane, VIC 3214

$615,000 - $645,000

2
Bed
1
Bath
2
Cars
Land Size: 726 sqm
Property Type: House
Listed Date: 9th Apr 2026
Overview

Space, Comfort and Future Possibilities

Rarely do properties with this much potential come to market. Set on approximately 726 square meters, this exceptional parcel offers exciting development opportunities. The current plans include developing the rear of the property while retaining the existing home, or alternatively, adding one to two dwellings at the rear. Either option presents a ready-made development opportunity that should not be missed.

The home is currently leased to long-term renters, providing an immediate income stream while you plan your next move. The existing residence features spacious bedrooms and a light-filled lounge room, complemented by a central bathroom. The kitchen offers easy access to the rear yard, enhancing the flow and functionality of the home. Outside, parking is well catered for with ample space available.

Located within a short distance to Corio Village, the property benefits from convenient access to shopping, entertainment, and essential services such as legal assistance. Educational facilities including St Francis Xavier and Northern Bay College are nearby, and the presence of bus stops and ring road access further adds to the appeal. Whether you are looking to develop, invest, or landbank in a fast-growing pocket of Corio, this property presents exceptional scope and versatility.

Opportunities like this are rare and do not last long. Make this property yours today and take advantage of its space, comfort, and future possibilities.

For further information, a Due Diligence checklist is available at www.consumer.vic.gov.au/duediligencechecklist.

Location
48 Rose Avenue
Norlane VIC 3214
Market Insights for Norlane VIC 3214
New Listings (last 30 days)
7
Average price
$590,286
Lowest price
$489,000
Highest price
$665,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.