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192 Eramosa Road West, Somerville, VIC 3912

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192 Eramosa Road West, Somerville, VIC 3912

192 Eramosa Road West, Somerville, VIC 3912

Properties / Buy / Victoria / Somerville
Development Potential

1. Property Summary

Property Type
Residential, Commercial, Child/Healthcare
Sub Type
Land Site, Retail/Shopping Centre, Child Care, Health Care
Land Area
10.68 hectares (*approx)
Zoning
Low Density Residential (LDRZ)
Local Government
Mornington Peninsula Shire Council
Selling Method
EOI: Contact Agent
DOCUMENTS AVAILABLE
EOI Closing Date
19 Jun 2024 03:00PM
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2. Property Highlights

FOR SALE | PRIME CORNER LOW DENSITY RESIDENTIAL DEVELOPMENT OF ATTRACTIVE SCALE
  • Attractive Scale – 10.68ha*
  • Low Density Residential Zoning (LDRZ)
  • Potential for higher order uses (STCA)

LAWD is delighted to present for sale 192 Eramosa Road West, an exceptional opportunity to acquire a prime low density residential development situated within Somerville.

Key Property Features:

+ Attractive scale of 10.68ha*

+ Low Density Residential Zoning (LDRZ)

+ Zoning Certainty – Situated adjacent to the existing development front

+ Potential to pursue planning amendments to deliver a range of higher order uses including retirement, land lease, potential quick service retail uses (including fast food & fuel), childcare and medical uses (STCA)

+ Corner location and high-profile road frontage of over 495 metres onto Eramosa Road West and Coolart Road

+ Located nearby sought after holiday destinations along the Mornington Peninsula

+ Nearby convenient transportation links including the Peninsula Link, Frankston-Flinders Road, Western Port Highway and the Somerville Train Station

+ Convenient access to established amenity within Somerville, including Somerville Central Shopping Centre, Somerville Primary School, Somerville Recreational Centre together with various cafes & restaurants

The property is For Sale by Expression of Interest closing 3pm Wednesday 19 June 2024.

Please contact a member of the LAWD Development Team to discuss this opportunity or to receive an Information Memorandum (IM).

Paul Callanan – 0478 652 468

Darcy Tobin – 0433 644 166

Remember to mention you found this property on DevelopmentReady

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Dataroom

1. Property Summary

Property Type
Residential, Commercial, Child/Healthcare
Sub-type
Land Site, Retail/Shopping Centre, Child Care, Health Care
Land Area
10.68 hectares (*approx)
Low Density Residential (LDRZ)
Local Government
Mornington Peninsula Shire Council
Selling method
EOI: Contact Agent
DOCUMENTS AVAILABLE
Gain Access
EOI Closing Date
19 Jun 2024 03:00PM

2. Property Highlights

FOR SALE | PRIME CORNER LOW DENSITY RESIDENTIAL DEVELOPMENT OF ATTRACTIVE SCALE
  • Attractive Scale – 10.68ha*
  • Low Density Residential Zoning (LDRZ)
  • Potential for higher order uses (STCA)

LAWD is delighted to present for sale 192 Eramosa Road West, an exceptional opportunity to acquire a prime low density residential development situated within Somerville.

Key Property Features:

+ Attractive scale of 10.68ha*

+ Low Density Residential Zoning (LDRZ)

+ Zoning Certainty – Situated adjacent to the existing development front

+ Potential to pursue planning amendments to deliver a range of higher order uses including retirement, land lease, potential quick service retail uses (including fast food & fuel), childcare and medical uses (STCA)

+ Corner location and high-profile road frontage of over 495 metres onto Eramosa Road West and Coolart Road

+ Located nearby sought after holiday destinations along the Mornington Peninsula

+ Nearby convenient transportation links including the Peninsula Link, Frankston-Flinders Road, Western Port Highway and the Somerville Train Station

+ Convenient access to established amenity within Somerville, including Somerville Central Shopping Centre, Somerville Primary School, Somerville Recreational Centre together with various cafes & restaurants

The property is For Sale by Expression of Interest closing 3pm Wednesday 19 June 2024.

Please contact a member of the LAWD Development Team to discuss this opportunity or to receive an Information Memorandum (IM).

Paul Callanan – 0478 652 468

Darcy Tobin – 0433 644 166

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential

4. Property Location

192 Eramosa Road West, Somerville, VIC 3912

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5. Market Intelligence Report

Developments and amenities within a 5km radius of the asset.

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192 Eramosa Road West, Somerville, VIC 3912 Somerville
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