42 Dunloe Avenue

Positioned in one of Norlane West's most tightly held pockets, this property presents a compelling opportunity for investors, developers, and forward-thinking buyers looking to capitalise on future growth. Set on approximately 545sqm, the groundwork for subdivision has already been started, offering the ability to complete the remaining services and create two separate titles (STCA). Whether you're ready to develop immediately or prefer to landbank, the flexibility here opens multiple avenues for value creation.

With potential changes to negative gearing being widely discussed, opportunities like this may become increasingly attractive for investors seeking to secure assets ahead of any policy shifts. The existing two-bedroom, one-bathroom home provides immediate rental income, allowing you to generate cash flow while finalising plans. It's an ideal setup for those wanting to hold, develop, or stage their investment over time. Conveniently located close to local shops, schools, and public transport, the property is well-positioned to attract strong tenant demand and long-term buyer interest.

A versatile and high-potential opportunity in a growth corridor - secure it now and unlock the upside at your pace. Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist Added 28 April, 2026 Property ID: #1P8701 Show More