57 Cape Paterson Road
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About this property
"Whether you're looking for future development, or a lifestyle property wedged between rural city and beach living then this block is for you." Set on approx 34.49 hectares, this expansive parcel of land split over two titles presents an exceptional opportunity in a highly sought after location just outside the heart of Wonthaggi. Boasting prime street frontage, the property is perfectly positioned for those looking to secure a strategic investment in a rapidly evolving area. Surrounded by neighbouring land already zoned for low density residential use, this property offers outstanding potential for future rezoning (STCA), making it an ideal land banking prospect. Currently zoned for farming, it provides flexibility for immediate use while you plan for the future. With Wonthaggi's current population nudging over 11,000 people and expected to double in the next 25 years there is set to be high demand for future land that can be rezoned. Given the proximity to the Wongthaggi township this property must be considered. But if it's lifestyle you are after, then enjoy the best of both worlds with peaceful, open space living and easy access to some of the region's most stunning coastal attractions. A short drive will take you to Cape Paterson Beach, the picturesque Kilcunda Beach, and a variety of beautiful back beaches, perfect for leisure and lifestyle appeal. Whether you're an investor, developer or lifestyle buyer, this is a rare chance to secure a substantial landholding in a growing community with exciting potential ahead. Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Land Area
- 34.49 ha
- Listed
- 2 months ago
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Neighbourhood
Living in Wonthaggi
This 3-bedroom house in Wonthaggi, VIC 3995 sits within reach of public transport, local shops and nearby schools. It is listed 400% above the $575,000 median of 66 comparable houseswithin 5 km.
Schools near Wonthaggi
- Bass Coast Specialist Schoolcombined · U · CoEd
- Wonthaggi North Primary Schoolprimary · Prep-6 · CoEd
- Wonthaggi Primary Schoolprimary · Prep-6 · CoEd
- Bass Coast Collegesecondary · 7-12 · CoEd
- Village High School - Watt Stsecondary
What's nearby
- Merrin Cres/Matthew St (bus) — 1.7 km away
- Parry's Jewellery and Watches — 2.6 km away
- Unnamed — 1.6 km away
- Wonthaggi Public Recreation Reserve — 2.1 km away
- Soldiers Reserve — 2.3 km away
Wonthaggi at a glance
Full suburb profile- Population
- 5,215
- Median age
- 55
- Household income
- $852/wk
- Median rent
- $270/wk
- Median mortgage
- $1,198/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Wonthaggi price trend
Median sold · House 3 bed
Compound growth -2.8% / yr over 4 yrs
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Full Wonthaggi marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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