554 Thompson Road, Norlane VIC 3214

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: Set on a generous 604m² (approx) allotment in a sought-after Norlane location, this well-maintained three-bedroom home is the perfect set-and-forget investment, delivering immediate income and future potential. Inside, you'll find polished timber floors, a bright and airy living space, three comfortable bedrooms, and a central bathroom. The functional timber kitchen features gas cooking and a wall oven, complemented by gas heating and air-conditioning for year-round comfort. Outside, the secure rear yard boasts new fencing, a covered verandah, and parking options including a single garage and additional carport a setup tenants love. Currently leased on a 12-month agreement, the property has the potential to return $410-$420/wk in the current market, providing a reliable income stream in the future. Located within the Northern Bay P12 College zone, and close to shops, medical centres, public transport, and with easy access to the Princes Highway, this home sits in a high-demand rental area. With a sizeable land holding, it also offers future value-add or development potential (STCA). A rare opportunity to secure a low-maintenance, income-producing asset with strong long-term growth prospects. Video walk through video is available via WhatsApp, please enquire for more details. *All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.