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About this property
Boasting an ideal north-south orientation, this desirable flat land with two titles offers exceptional development potential. Backdropped by a nature reserve in a quiet cul-de-sac and within close proximity to the iconic Portsea Hotel, pier, The Cutting, golf course, back beach and Surf Life Saving Club, these two allotments are positioned optimally for coastal living convenience. This is a rare opportunity to acquire one or both blocks, with the vision to establish a distinguished family estate, develop two luxurious residences for future sale or secure a valuable land banking asset. PLEASE NOTE Estimated selling range on the Statement of Information is per block. Land Size Block #2 - 644 sqm approx. Land Size Block #2a - 661 sqm approx.
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Listed
- 3 months ago
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Neighbourhood
Living in Portsea
This land in Portsea, VIC 3944 sits within reach of public transport, local shops local amenities.
What's nearby
- Ibis Way/Franklin Rd (bus) — 690 m away
- Red Fox Run — 2.8 km away
- Portsea Recreation Reserve — 397 m away
- Unnamed — 927 m away
- Peter Shelmerdine Reserve — 1.0 km away
Portsea at a glance
Full suburb profile- Population
- 787
- Median age
- 68
- Household income
- $2,470/wk
- Median rent
- $577/wk
- Median mortgage
- $2,806/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Portsea price trend
Median sold · House 4 bed
Compound growth -7.1% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Portsea marketSide-by-side analysis
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