Land bank or develop, the choice awaits the savvy purchaser with this amazing opportunity. Underpinned by 5 acres (20,000sqm approx) and ideally located adjoining the Mornington Racecourse, opportunities like this are very much highly sort after but seldom found.
Highlighted by a 105m frontage to Racecourse Road and directly opposite Peninsula Grange Retirement Village, all it requires is a vision to take this rare substantial land to the next level.
Set in the hearty of the Mornington Peninsula, its a 4km drive to Main St, Mornington and the beach, reputable schools nearby, and of course the gateway to many fabulous wineries, the famous Red Hill Market, Martha Cove, Flinders - and all of what the Peninsula has to offer.
The land is currently under zoning review as per the Shires Housing Development Strategy tabled in 2018. Perfect for those with a longer-term eye on future subdivisions S.T.C.A and investors alike.
Given everything it has going for it and based on previous allotments within the area for sales and development, you will need to act quick!
Remember to mention you found this property on DevelopmentReady.com.au
2.02 hectares (*approx)
Residential, Greenfield / Land Site, Greenfield / Land Site
Rare Trackside Development Opportunity (S.T.CA)
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