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4 Penniwells Drive, San Remo$560,000
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4 Penniwells Drive

San Remo, VIC 3925, Australia
$560,000
637 m²

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About this property

Build Your Dream - Water Views - Positioned in the quiet and highly sought-after Penniwells Estate, this generous 637sqm (approx.) allotment offers a rare opportunity to secure a slice of coastal paradise in San Remo. Elevated and beautifully situated, the block offers potential for stunning south-west panoramic water views from a future double-storey home (STCA). With ample space to build a spacious family residence complete with outdoor entertaining areas, gardens, or even a pool, this is the perfect blank canvas for your dream lifestyle. Enjoy the best of both worlds a peaceful neighbourhood setting just minutes from all the conveniences San Remo has to offer. The beach is just a short stroll away, and a little further on brings you to the bustling foreshore shopping strip, cafes, the iconic fishing co-op, jetty, and local services. Families will appreciate nearby schools, including a secondary college located just at the end of Shetland Heights Road, as well as sporting facilities, parks, and medical centres. Whether you're ready to build now or looking to invest in the future of this thriving coastal community, 4 Penniwells Drive San Remo represents an outstanding opportunity not to be missed. Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
637 m²
Listed
3 months ago

Repayment calculator

$2,715/month
$1,357 /fortnight
Loan $448,000 at 6.10% over 30 years

Upfront costs

Deposit$112,000
Stamp duty$28,670
Conveyancing (est.)$2,000
Total upfront$142,670
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.

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Neighbourhood

Living in San Remo

This land in San Remo, VIC 3925 sits within reach of public transport, local shops and nearby schools. It is listed 14% below the $650,000 median of 77 comparable landswithin 5 km.

Schools near San Remo

  • San Remo Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Anderson St/Panorama Dr (bus)353 m away
  • Unnamed1.1 km away
  • Anderson Street Reserve341 m away
  • Unnamed576 m away
  • San Remo Coast Reserve593 m away

San Remo at a glance

Full suburb profile
Population
1,700
Median age
52
Household income
$1,337/wk
Median rent
$301/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

San Remo price trend

Median sold · House 3 bed

Compound growth -2.3% / yr over 4 yrs

$755kcurrent median

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