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205C Bayview Road

McCrae, VIC 3938, Australia
$440,000
211m²

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Area Price Guide
$413,600$466,400

Indicative price guide range

🏘️
85
Comparable
📊
$870,000
Area median
⚖️
-49%
vs median
📐
$2,085
Per m²
📏
211 m²
Land
🗓️
1 week ago
Listed

Property Insights

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About this property

Commercial 1 zoning Positioned in a thriving and tightly held pocket, this exceptional commercial parcel of approximately 211.35sqm presents a rare opportunity to secure a ready to go development site with endorsed plans and permits already in place. Designed for flexibility and strong future returns, the approved plans allow for a stylish two-storey development. The ground floor is ideal for a retail shop, office, or consulting space, while the first floor features a spacious residence of approximately 20 squares, comprising 2 bedrooms, 2 bathrooms, and 2 separate living areas, perfect for owner occupiers, investors, or mixed use purposes. Surrounded by established businesses, including a popular bakery, Samui Lane Massage, and a real estate office, the location benefits from consistent foot traffic and strong local demand. Adding to the appeal, the neighbouring block has proposed plans for a dental practice, further enhancing the commercial profile of the area. Whether you choose to capitalise on the existing endorsed plans or explore your own vision (STCA), this is a versatile opportunity suited to a wide range of buyers. Ideally located just moments to both freeway on and off ramps, accessibility is seamless, while the stunning coastline and all the lifestyle attractions of the Mornington Peninsula are only a short stroll away. Key Features: - Approx. 211.35sqm commercial land holding - Endorsed plans & permits for mixed-use development - Ground floor commercial + first floor 2 bed, 2 bath, 2 living residence - High-exposure location with strong surrounding businesses - Flexible options to build or redesign (STCA) - Easy freeway access in both directions - Walking distance to the beach and local amenities An outstanding chance to secure a strategic site in a high-growth coastal corridor. Enquire today. *All distances and measurements are approximate only.

Property Features

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    Repayment calculator

    $2,133/month
    $1,067 /fortnight
    Loan $352,000 at 6.10% over 30 years

    Upfront costs

    Deposit$88,000
    Stamp duty$21,470
    Conveyancing (est.)$2,000
    Total upfront$111,470
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    211m²
    Listed
    1 week ago

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