91 Herbert Street, Mornington, Vic 3931

The red tape has been cut, ready for developers to buy with confidence with the CHMP (Cultural Heritage Management Plan) approved along with preliminary drawings for multiple units. Offering a huge 2052 m2 of land, this prime development site is a great opportunity being beachside with motivated Vendors offering generous terms. This development site would be ideal as a 6 unit/townhouse development (STCA) or would be a sensational opportunity for an investor looking to land bank. You can't go wrong as this will show great capital growth in years to come.
The 3 bedroom 1 bathroom weatherboard cottage would be ideal to lease out or live in and use for holiday purposes. The peninsula link has now been finished which makes the trip to Melbourne a lot easier.