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Huge Dual Homestead in Mornington Peninsula For Sale With Potential Upside


March 2020
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Huge Dual Homestead in Mornington Peninsula For Sale With Potential Upside

The team from Real Properties have recently come to market with a characterful multi-residential estate, nestled on the eastern shores of Victoria’s coveted Mornington Peninsula.

This expansive 36.9-hectare property, situated approximately 70 kilometres south-east of the Melbourne CBD, is located at 1900 Frankston-Flinders Road & 13 Boes Road in Hastingsoffered for sale individually or as a whole. Sales agents Lucas Gentile and Joe Catanese will be receiving Expressions of Interest until 5pm on Thursday 2nd April 2020.

“This is an incredibly rare land bank opportunity for one or two purchasers to gain ground in the historic town of Hastings,” Mr Gentile noted.

“The sprawling, almost 37-hectare property, is benefitted by two large luxury homesteads. The first presents a two-year-old home of four bedrooms, three bathrooms, a three-car garage and a solar heated pool. While the second delivers a fully renovated home with four bedrooms, two bathrooms and a two-car garage. Both are exquisite in their design.”

This expansive Hastings property is neatly positioned at the gateway to the Mornington Peninsula region, where a seeming endless supply of splendours roll from one hill to the next. Some highlights include the famous Peninsula Hot Springs, local wineries such as Jackalope and Port Philip Estate, multiple cheese producers and artisan retailers too.

The Mornington Peninsula Freeway also runs in immediate proximity to the property, delivering residents and visitors to and from with ease and allowing access to the flourishing commercial precincts of Frankston and Mornington in under 20 minutes.

“Interested parties could choose to take up residence, rent the expansive homesteads or landbank for future possible development; there are a multitude of usage options,” Mr Catanese added.

“This is also one of the most liveable properties we’ve ever brought to market and this factor is only going to strengthen with time. The quaint Hastings township, with its train station and bayside marina, lies just 2.2 kilometres south. Western Port Bay delivers an abundance of tranquil and picturesque beaches, while further down along the Peninsula coastline is a collection of world-class surf breaks. Life is pretty special in this part of the world.”
 

Summary:

  • Large 36.9 hectare* landholding
  • Offered individually or as a whole
  • Dual street frontage to Frankston-Flinders Road and Boes Road
  • Includes two large luxury homesteads; one two-year-old, 4-bed, 3-bath home with triple-car garage and solar heated pool; one fully renovated 4-bed, 2-bath home with two-car garage
  • 1900 Frankston-Flinders Road includes three in-ground water tanks, with a capacity of 21,000L each
  • 13 Boes Road features nine horse paddocks with individual float sheds and a total of two tack rooms.
  • Potential for future development (STCA)

 *Please note that all financials, measurements and distances quoted are approximate only.

1900 Frankston-Flinders Road & 13 Boes Road, Hastings, VIC, 3915 is offered for sale via Expressions of Interest, closing 5pm Thursday 2 April 2020.

Enquire today to receive further detailed information.
Please contact the Real Properties team and mention Development Ready.

Real Properties
Lucas Gentile: +61 418 556 056
Joe Catanese: +61 418 367 514

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