62-62A Robin AvenueNorlane VIC 3214
Property Details for 62-62a Robin Ave, Norlane
Last Listing description (May 2019)
EXCELLENT OPPORTUNITY -- RETAIL SHOP FOR SALE -- #9440424
* Excellent freehold property with 2 big shop(Bottle shop/kebab shop)
* Land size -- 400m2
* Double shop front
* 2 parking spots available
* With 1 bedroom & 1 bathroom & 1 living area
* Great rental income
* 15 years long lease
* Annual return $57,200+ outgoing
* Selling price $1,600,000(price including business)
For more information on property #9440424, please call or email:
David Zhang on 0450 762 833
or email: david@ncre.com.au
New Century Business Broker
1/26 Rutland Road, Box Hill VIC3128
www.ncre.com.au
Tel: 03 9898 2874
Property History for 62-62a Robin Ave, Norlane, VIC 3214
- 21 Jun 2019Listed for Sale $1,600,000
- 02 Sep 2015Listed for Sale Not Disclosed
- 26 Apr 2011Sold for $275,000
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.
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