176 Moorooduc Highway Mount Eliza VIC 3930

4,109M2 OF VACANT LAND

$750,000 - $800,000

The Land of Opportunity

This cleared and near flat 4,109M2 allotment is positioned at the rear of a battle-axe allotment and enjoys views over the Moorooduc Plains.

With potential for development (split in to two titles S.T.C.A) this allotment presents an alluring opportunity to:

A) Secure a fantastic lifestyle opportunity and utilise the existing allotment to build your dream home.

The property is bordered by established trees providing a real sense of privacy and tranquility. Additionally be confident in the fact that land near to Frankston City is sure to deliver excellent capital growth; with a well planned design and build you may opt to retain the option to sub-divide in future (S.T.C.A)

B) Divide the land in to two sites (S.T.C.A) and retain, live-in and or sell at your leisure.

This may be a viable and profitable option (S.T.C.A) due to the fact that:

– There is ample space to satisfy the minimum land requirement for sub-division
( both blocks will require an independent drive way for this to be viable)
– Utilities are available and are located at front of the property
– The potential build envelope is likely to remain extremely accommodating for (a) new build/s

Mount Eliza and the surrounding areas are developing rapidly. Urban sprawl is guaranteed to continue in these growth areas and this is your opportunity to secure a fantastic land component near to the City. With an abundance of options this property is poised to generate a lucrative return on investment.

Whether you’re buying, dreaming, envisioning and or planning we invite you to inspect this wonderful allotment whilst the opportunity remains.

Property Features
  • Land is 4109 m²
  • Satellite
  • Transit
  • Bike
  • Comparables

Fast Facts about Mount Eliza
  • Population 17,248 (2011)
  • Area Size 23 km2
  • Location KM from Melbourne: 48 km (30 mi)
  • LGA Shire of Mornington Peninsula
OUR amazing sales result
89A Lawson Ave, Frankston South
sold at auction $916,000

$156,000 over reserve
$255,000 over previous street record
5 bidders (70% from Melbourne)