237 Canadian Bay Road
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About this property
Set on approximately 4,047sqm with valuable dual road frontage, this substantial landholding offers outstanding flexibility in a highly convenient Mt Eliza location. With subdivision potential (STCA), the site is suited to a range of possibilities including a substantial new home, dual-occupancy or multi-dwelling development or alternative uses such as childcare or medical consulting rooms (STCA). Dual frontage enhances access, design flexibility and future outcomes. Positioned within easy walking distance to Mt Eliza Village, schools and local amenities; an uncommon advantage for land of this size, while also offering convenient access to major arterial roads. Currently occupied by a modest dwelling, the true value lies in the land and its future potential. Held in the same ownership for decades, opportunities like this are increasingly rare.
Property Details
- Property Type
- land
- Listing Type
- Sold
- Listed
- 3 months ago
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Neighbourhood
Living in Mount Eliza
This land in Mount Eliza, VIC 3930 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $1.62m median of 69 comparable landswithin 5 km.
Schools near Mount Eliza
- Peninsula Grammarcombined · Prep-12 · CoEd
- Toorak Collegecombined · Prep-12 · CoEd
- Kunyung Primary Schoolprimary · Prep-6 · CoEd
- Mount Eliza North Primary Schoolprimary · Prep-6 · CoEd
- Mount Eliza Primary Schoolprimary · Prep-6 · CoEd
- Mount Eliza Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Leicester Avenue (bus) — 704 m away
- Foodworks — 3.0 km away
- Mt Eliza Way Reserve — 1.3 km away
- Baden Powell Drive Linear Reserve — 1.5 km away
- Unnamed — 2.4 km away
Mount Eliza at a glance
Full suburb profile- Population
- 18,734
- Median age
- 45
- Household income
- $2,547/wk
- Median rent
- $512/wk
- Median mortgage
- $2,600/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Mount Eliza price trend
Median sold · House 4 bed
Compound growth -1.1% / yr over 4 yrs
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Full Mount Eliza marketThis listing
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