Once in a lifetime opportunity to secure 4,55ha* of the prestigious Mornington Peninsula
+ An exceptional residential zoned corner landholding spanning over 45,500sqm*
+ Outstanding exposure with multiple street frontages of 157m* to Nepean Highway and 280m* to Craigie Road providing flexibility for building design and access points
+ Existing commercial improvements, with strong leaseback income set at 5% of purchase price
+ Would ideally suit a residential, apartment or aged care and retirement living development (STCA)
+ A strong median house price of $945,000** which has experienced over 20% capital growth over the past 18 months
+ An amazing blue-chip coastal location in Mt Martha within easy walking distance to the beach & foreshore reserve; only 1km* to Benton’s Square Shopping Centre and 3km* to Mornington retail, food and lifestyle precinct
For Sale via Public Expressions of Interest closing Thursday 4th May at 5.00pm
For more information please contact the CBRE Victorian Development Sites team:
David Minty
+61 422 564 199
Julian White
+61 422 764 137
Josh Twelftree
+61 452 524 985
*approx
Remember to mention you found this property on DevelopmentReady
