40 Governors Road
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About this property
Positioned in a rapidly evolving pocket of Crib Point, this significant parcel of land offers exceptional potential for redevelopment (STCA). With generous site dimensions, wide frontage and favourable zoning, the property presents an ideal opportunity for developers, builders or investors seeking a project with strong future growth prospects. The existing dwelling and improvements provide holding income or short term usability while planning is undertaken, making this an attractive option for those looking to capitalise on the increasing demand for quality housing in the area. Surrounded by established amenities, public transport and key infrastructure, the site supports a range of development outcomes. A rare chance to secure a sizeable development site in a high growth location.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 4047 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Crib Point
This 4-bedroom house in Crib Point, VIC 3919 sits within reach of public transport, local shops and nearby schools. It is listed 23% above the $1.02m median of 59 comparable houseswithin 5 km.
Schools near Crib Point
- Crib Point Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Crib Point 1 (train) — 927 m away
- Josephine Health Food — 821 m away
- Unnamed — 203 m away
- Cyrill Fox Reserve — 368 m away
- Unnamed — 792 m away
Crib Point at a glance
Full suburb profile- Population
- 3,343
- Median age
- 39
- Household income
- $1,447/wk
- Median rent
- $340/wk
- Median mortgage
- $1,603/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Crib Point price trend
Median sold · House 4 bed
Compound growth -0.8% / yr over 4 yrs
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Full Crib Point marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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