16 Sparks RoadNorlane VIC 3214
Property Details for 16 Sparks Rd, Norlane
16 Sparks Rd, Norlane is a 2 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom House sold in Norlane in the last 12 months.
Last Listing description (February 2025)
BUY ONE OR BUY BOTH - Prime Investment Dual Occupancy 963m2! of Development Opportunity with Plans and Permits!
BUY ONE OR BUY BOTH! $330,000-$378,000 EACH OR BOTH FOR $660,000-$688,000! An exceptional opportunity - get 2 properties for the price of 1!
An investment opportunity in the heart of Norlane, buy to live-in one, rent the other (or rent both!), or develop both (already approved plans and permits!), minutes from the new Geelong Terminal and Geelong CBD!
Two stand-alone properties across two titles - currently with long-standing tenants on month-by-month rental agreements whom are keen to stay:
- 18 Sparks Road: 487m - 2-bedroom, 1-bathroom, leased for $520 per fortnight (currently due for rent increase) - Price Range $330,000-$378,000
Total: 963m (approx.) of land with total rental return of $990 per fortnight!
With two tenanted homes across two titles, this rare dual occupancy/development property offers significant potential for astute investors and developers alike. Located at 16 & 18 Sparks Road, this combined 963m (approx.) allotment with a 26 meter frontge and 36 meteres deep, comes with plans and permits already approved for three modern townhouses, making it an ideal venture. Whether you're looking to develop immediately, invest for future gains or live-in one and lease the other, 16 & 18 Sparks Road offers unparalleled potential and a promising return on investment ensuring a successful property venture!
Prime Location:
Minutes from local amenities, schools, public transport, and the Corio Shopping Centre.
Just 70 km from Melbourne CBD, offering an easy commute via the Princes Highway.
Approved Plans & Permits:
Council-approved for three stylish townhouses. Plans and Permits available on request
High Investment Potential:
Strong rental returns and poised for significant capital growth.
Convenience & Lifestyle:
Close to Geelong's CBD, Princes Highway, and the beautiful Geelong Waterfront.
Why Invest Now?
Gentrification Opportunity:
Norlane is primed for gentrification, making now the opportune time to get into the market. Benefit from the area's transformation and increasing property values.
Property Highlights:
Existing homes generating rental income while you prepare for development.
Versatile opportunity for developers to build and sell or hold for long-term investment.
Ideal for investors seeking a solid addition to their portfolio in a high-growth area.
Don't miss this outstanding opportunity to secure a prime piece of real estate. Seize this chance to capitalize on Norlane's growth and secure your future in one of Victoria's most promising suburbs! Act now!
Phone Oz on 0420 765 539 or email sales@everywherere.com.au for further information.
Property History for 16 Sparks Rd, Norlane, VIC 3214
- 31 Jan 2025Sold for $605,000
- 10 Jul 2024Listed for Sale $330k-$378k EACH OR $660,000-$688,000 FOR BOTH!
- 24 Jun 2020Listed for Rent - Price not available
Recent sales nearby
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0About Norlane 3214
The size of Norlane is approximately 5.0 square kilometres. It has 10 parks covering nearly 8.5% of 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 5,511 properties. Over the last 5 years, Houses in Norlane have seen a 34.45% increase in median value, while Units have seen a 45.74% increase. As at 30 November 2025:
- The median value for Houses in Norlane is $498,002 while the median value for Units is $456,383.
- Houses have a median rent of $400 while Units have a median rent of $410.
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