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1-3 Carney St 0.47 Acres of Commercial Land in Nar Nar Goon, VIC 3812
Investment Highlights
- Planning permit approved, supporting a streamlined development process.
- Located close to Nar Nar Goon Railway Station and primary local amenities.
- Existing dwelling provides optional reuse or interim holding income.
- Income in place from current tenant on part of the property.
Executive Summary
1-3 Carney Street presents one of the most prominent corner landholdings in Nar Nar Goon’s township, positioned with three road frontages ensuring maximum exposure and access. The property is zoned Commercial 1 (C1Z) and comes with an approved planning permit, providing flexibility and a clear pathway for future development.
Currently, the site features an original brick residence with two to three bedrooms, an updated kitchen, hardwood floors, and space for two-car accommodation. Additionally, the property generates holding income with an existing tenancy at 3 Carney Street returning $7,200 per annum (including GST) plus outgoings.
The size, zoning, and location make it suitable for a variety of commercial uses such as retail shops, a mini-market, service businesses, medical/consulting rooms, or mixed-use development (STCA).
Currently, the site features an original brick residence with two to three bedrooms, an updated kitchen, hardwood floors, and space for two-car accommodation. Additionally, the property generates holding income with an existing tenancy at 3 Carney Street returning $7,200 per annum (including GST) plus outgoings.
The size, zoning, and location make it suitable for a variety of commercial uses such as retail shops, a mini-market, service businesses, medical/consulting rooms, or mixed-use development (STCA).
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.47 AC |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.47 AC |
1 Lot Available
Lot
| Lot Size | 0.47 AC |
| Lot Size | 0.47 AC |
Land area: 1,894 m² across three titles. Highly visible corner site with three street frontages. Zoning: Commercial 1 Zone (C1Z).
Description
The property occupies a strategic corner within the Nar Nar Goon township, leveraging frontage to multiple roads for exposure and access. Commercial zoning coupled with a permit-approved status underpins its potential for retail, service, or mixed-use projects aligned with continued urban growth in the Cardinia corridor.
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1-3 Carney St
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