Property Details for 2 Labuan Sq, Norlane
Last Listing description (June 2026)
Versatile Retail/Commercial Premises in Established Norlane Shopping Precinct
Raine & Horne Land Victoria proudly presents this well-positioned retail/commercial premises situated within the popular Labuan Square shopping strip in Norlane. Benefiting from excellent exposure and consistent local foot traffic, the property offers a functional layout suitable for a variety of retail, office or service-based businesses.
Internally, the premises provides a practical rectangular floorplan designed for efficient use of space, featuring multiple access points and partitioned areas that allow flexible business operation.
Importantly, the site already has approved plans and title allowance for a two-storey construction, above the ground floor in place. This presents a significant value-add opportunity for future expansion, additional rental income, or owner-occupier growth.
Property Features
• Total Building Area: 148m²*
• Zoning: Commercial 1 Zone (C1Z)
• Frontage: 6.09m* with strong signage exposure
• Ground floor divided into three functional sections
• Main front entrance plus two side access points
• Individual Title
• Approved two-storey development
• Suitable for retail, office, consulting rooms or storage use
Connectivity & Nearby Amenities
• Located within the established Labuan Square neighbourhood retail precinct
• Access to nearby public transport services
• Minutes to Corio Village Shopping Centre and Bell Post Hill retail precinct
• Easy connection to Princes Highway and Geelong Ring Road
• Approximately 10 minutes to Geelong CBD and waterfront
This presents an excellent opportunity for investors or owner-occupiers seeking a versatile and well-located commercial property within a tightly held local shopping hub.
For further information or to arrange an inspection, please contact on Jasdeep Singh - 0413 959 608 or Munish Kumar - 0488 600 051
Disclaimer: All stated sizes and dimensions are approximate only. Particulars are provided for general information and do not constitute any representation by the vendor or agent. Purchasers should conduct their own due diligence.
See Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 2 Labuan Sq, Norlane, VIC 3214
- 18 Feb 2026Listed for Sale CONTACT AGENT
- 15 Jun 2019Listed for Rent $0
Recent sales nearby
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0About Norlane 3214
The size of Norlane is approximately 5.0 square kilometres. There are 10 parks, covering nearly 8.5% of the total area. The population of Norlane in 2016 was 8306 people. By 2021 the population was 8682 showing a population growth of 4.5% 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 2021, 41.40% of the homes in Norlane were owner-occupied compared with 43.40% in 2016.
Norlane has 5,550 properties. Over the last 5 years, Houses in Norlane have seen a 24.05% increase in median value, while Units have seen a 22.96% increase. As at 31 July 2026:
- The median value for Houses in Norlane is $546,169 while the median value for Units is $443,541.
- Houses have a median rent of $410 while Units have a median rent of $420.
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