This well positioned, extensive property sits on the intersection of 2 of the busiest arterial roads servicing the Mornington Peninsula area and is made up of 4 separate titles totaling appr. 27.75 acres. Formally used as a sheep and chicken farm, it was recently rezoned from farmland to low density residential and is calling out for serious development.

The land is fairly level and currently occupied by a basic, but liveable brick home and numerous farm and work sheds. There are 2 driveways leading in from opposite corners. It also features a pretty private lake at the back of the property, which has become a haven for native bird life.

Opposite the recently opened new police station and directly across from the most prestigious residential estate in town, it is just a short stroll from two vibrant shopping centres and a large medical complex, 2 kindergartens and the local primary school as well as secondary college.

Various development options (STCA) could include, but are not limited to :

- substantial single or multi storey unit and townhouse developments
- exclusive residential home and land packages
- retirement centre
- a new retail shopping centre with underground parking.

No plans and permits are in place at this point, but there is a high demand for retirement villages in this region and there is also a great need for smaller blocks offering stylish residential living with 2 and 3 BR options.

We have a long list of prospective of buyers and tenants on our books, who are looking for a new home in this area.

Melbourne has been voted the World’s most liveable city 5 consecutive years, and the Mornington Peninsula is the most popular playground for Melbourne’s city dwellers, with a quick 45 minutes drive from the city on the newly completed Peninsula freeway.

Melways Ref: 107 B 12

DISCLAIMER The measurements provided of the land and/or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property/land/or each room, we advise you to conduct your own measurements and/or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Property Code: 240