43 Alkira AvenueNorlane VIC 3214
Property Details for 43 Alkira Ave, Norlane
Last Listing description (October 2025)
Gartland is pleased to present 43 Alkira Avenue, Norlane, an excellent opportunity to secure a versatile retail or commercial property without the large price tag.
Positioned within a convenient local shopping strip, the property enjoys strong visibility and access, surrounded by established residential housing and key amenities. Located moments from the Princes Highway and public transport, this site offers excellent accessibility and future growth potential in one of Geelong's most affordable commercial precincts.
Offered with vacant possession, the property provides flexibility for owner-occupiers or investors seeking a low-cost commercial holding. The property is expected to achieve an estimated rental return of $17,500 per annum + GST + Outgoings.
Key Features
• Building Area: 149sqm*
• Zoning: Commercial 1 Zone (C1Z)
• Vacant possession
• Estimated rental return: $17,500 PA + GST + Outgoings
• Suitable for a range of retail or service-based uses
• Located in an established neighbourhood strip
• Easy access to Princes Highway and Geelong CBD
Contact the Gartland team today to arrange your inspection.
Property History for 43 Alkira Ave, Norlane, VIC 3214
- 31 Oct 2025Listed for Sale $350,000
- 13 Aug 2025Listed for Rent $17,500 / week
- 07 Dec 2023Listed for Rent $17,500 / year
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 36.43% increase in median value, while Units have seen a 45.07% increase. As at 31 December 2025:
- The median value for Houses in Norlane is $507,715 while the median value for Units is $459,799.
- Houses have a median rent of $400 while Units have a median rent of $415.
Suburb Insights for Norlane 3214
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