1A Lowan Avenue

Norlane VIC 3214

Perfectly positioned in a convenient pocket of Norlane, this well-maintained property presents an outstanding opportunity for investors, first home buyers, or those seeking a low-maintenance home with excellent potential. Offering immediate rental income and strong future prospects, this property is ideal for those looking to enter the market or expand their investment portfolio. Currently leased on a periodic agreement at $360 per week; the home provides a secure income stream from day one, with a recent rental appraisal indicating potential returns of approximately $400 per week. This presents an exciting opportunity for investors to increase their rental return while benefiting from the continued demand for affordable homes in the Norlane market. The property offers a practical and functional layout designed for comfortable living, complemented by a low-maintenance outdoor area that makes it an attractive option for both tenants and owners alike. Located close to local shopping precincts, schools, public transport and offering easy access to Geelongs CBD, this home combines convenience with strong investment fundamentals. Property Features: - Excellent opportunity to increase rental return- Low-maintenance property ideal for investors- Functional floorplan with comfortable living spaces- Practical kitchen and dining area- Easy-care outdoor space- Strong rental demand location- Close to schools, shops and public transport- Convenient access to Geelong CBD and surrounding amenities - Currently leased on a periodic agreement at $360 per weekDue diligence checklist: http://www.consumer.vic.gov.au/duediligencechecklist.Disclaimer: All stated dimensions in the content and photos are approximate only. Note: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.