176-180 Moorooduc Hwy, Mount Eliza, Vic 3930
Sold: $840,000 (11-08-2014)- hotel 3
- hot_tub 2
- directions_car 2
This homely 2.5 acre property presents a rare opportunity to buy into a lifestyle of comfort, privacy and space. Generate a near immediate return through subdivision (S.T.C.A) and or capitalise on a lifestyle opportunity. The existing sizable brick home is nestled among gorgeous gardens, featuring a stunning array of natural plant life. A wrap around verandah, exposed timber throughout, an open fireplace, large windows throughout and garden views from every room further the feeling of warmth and comfort.
Option 1:
Divide the land in to a multiple site (3 or 4 titles S.T.C.A) and retain, live-in and or sell at your leisure. This is a viable option due to the fact that:
- The existing home is well situated to the middle of the allotment allowing for 2/3 additional build envelopes (S.T.C.A)
- The graveled drive borders one side of the property enabling ease of access to potential sites 1,2,3 & 4 (S.TC.A)
- The entire block ascends gently from the entrance. This ensures that each block (S.T.C.A) is enticingly positioned to promote views of the surrounding area.
Option 2:
Secure a fantastic lifestyle opportunity and utilise the existing home and land to your leisure. The property is bordered by established trees providing a real sense of privacy and tranquility. Additionally be confident in the fact that land near to Frankston City is sure to deliver excellent capital growth; while the option to sub-divide in future remains entirely yours.
Whichever option you choose, this is a rare offering that delivers in abundance.
Frankston, Mount Eliza and the surrounding areas are developing rapidly. Urban sprawl is guaranteed to continue in these growth areas and this is your opportunity to secure a fantastic land component near to the City. With an abundance of options this property is poised to generate you a lucrative return on investment.
Whether you're buying, dreaming, envisioning and or planning we invite you to inspect this wonderful residence whilst the opportunity remains.