Savills Showcase Enormous Waterfront Mornington Peninsula Development Opportunity

Savills Showcase Enormous Waterfront Mornington Peninsula Development Opportunity


March 2017
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Savills Showcase Enormous Waterfront Mornington Peninsula Development Opportunity

One of Victoria’s most highly-prized and significant beachfront landholdings has hit the market, with international real estate advisory group Savills Melbourne exclusively appointed to handle the substantial sales and marketing campaign.

Following in the footsteps of recent listings within Mount Eliza, including the former Mount Eliza Business School and Morning Star Estate, 33 Jacksons Road is undoubtedly one of the last remaining land parcels of such magnitude along Port Phillip Bay’s revered East Coast.

Positioned on an enormous 34,000sqm of prime waterfront land and boasting over 200 metres of stunning water frontage with direct beach access, the site offers flexible General Residential 1 zoning with potential uses covering all sectors from aged care, luxury residential, hotel accomodation, medical and more (STCA).

With this in mind, and depending upon the desired outcome, developers have the opportunity to capitalise on a broad buying demographic including those seeking a permanent move to the Mornington Peninsula, those looking for a holiday home and local and out-of-town downsizers.

"A  site offering comparable to this one, in a foremost seaside location that’s spoilt with lifestyle options, really is an outstanding asset. Add to this its development upside this clearly is a supreme property for the astute investor” Nick Peden of Savills Melbourne

Suburb profile statistics reveal a median house price of $930,000 and a median unit price of $475,000 (CoreLogic), with median house price growth in the previous twelve months highlighting a net positive increase of some 11.92%.

33 Jackson Road, Mount Eliza is offered for sale via public tender closing Wednesday April 5, 2017. Interested parties are invited to complete tender packs as necessary.

For further information, and to enquire directly to Savills, please click here.

Or contact the exclusive agents directly:

Nick Peden - 0402 011 266


Julian Heatherich - 0412 995 655 

Jesse Radisich - 0402 085 702


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