115 Wooralla Drive

Set on a substantial 1,680sqm (approx.) allotment with an impressive wide frontage, this exceptional Mount Eliza property presents a rare and exciting opportunity for renovators, builders or developers to capitalise in a tightly held, premium pocket. Whether you choose to restore the existing home, undertake a full renovation, or start again with a luxury new build, the potential here is undeniable, including scope for second-storey views across the surrounding landscape and potential bay views (STCA). Rich in character, the property features original gateposts, a sweeping agapanthus-lined driveway and established gardens that hint at its former grandeur, complete with ornamental arbours and manicured hedging. The existing three-bedroom residence retains period charm, with decorative plasterwork ceilings, a stone fireplace, and wraparound verandahs overlooking the grounds. A functional modern kitchen, timber sash windows, three bedrooms (two with built-in robes), and two family bathrooms provide comfortable livability or leasing potential while future plans are considered. Further enhancing the property is a three-car carport and a large shed, offering ample storage. Positioned just moments from Mt Eliza Village, beaches and the Mt Eliza Quarry Reserve, and within easy reach of leading schools including Peninsula Grammar, Mt Eliza Primary, Mt Eliza Secondary College and Padua College, this is a premium landholding in a highly sought-after location known for its large allotments and prestigious homes. Secure your chance to build your dream home in a prime location (STCA)!