An exceptional opportunity awaits at 121 Princes Highway, Norlane - a rare chance to secure a beautifully maintained three-bedroom duplex property with its own title, defined boundaries, and no body corporate.
Offering an exciting opportunity for first-home buyers, downsizers, or investors, this home presents the chance to enter the market and secure a fabulous sound property with immediate appeal and future potential scope within the current floorplan to create another bathroom or ensuite.
Positioned in a convenient and highly accessible location that's second to none, highly sought after for professionals whilst being the closest and largest regional area to Melbourne CBD). A tenant is already in place offering an attractive opportunity for those looking to add a quality investment to their portfolio.
The spacious floorplan features three generous bedrooms, an updated kitchen with gas cooking, and two separate living areas providing flexibility for comfortable everyday living. The layout also offers exciting potential for further enhancement, with the opportunity to add an additional bathroom or ensuite (STCA), allowing the next owner to further increase the home's appeal and value.
Adding to the appeal is the flexibility of the vendor, creating a genuine opportunity for buyers seeking value, potential, and a property they can be proud to own.
A standout feature of this property is the neighbouring duplex also being exceptionally well maintained. It is uncommon to find a duplex arrangement where both owners take such pride in their homes, creating a well-presented and cared-for pair.
Currently leased, with a rental appraisal of approximately $350 per week, this property offers strong investment credentials while also appealing to those looking to make their first step into the property market.
While the address may initially be overlooked, the convenience of this location is undeniable. Positioned close to the train station, local shopping, schools, medical facilities, and with easy access to the Ring Road, this home provides excellent connectivity for both local commuting and Melbourne travel, with Melbourne CBD approximately 45 minutes away.
Combining affordability, quality, convenience, and future potential, 121 Princes Highway represents a rare opportunity to secure an updated and well-maintained home in a sought-after position. A flexible vendor, quality tenant, and exciting possibilities make this a property worthy of inspection.
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