40 Riley Street

Off Market

40 Riley Street

Mccrae VIC 3938

954 m²

Land

Michael Stylman, last sold this property on 18 February 2026 after 357 days on market.

Overview

Build Your Dream Peninsula Retreat or Subdivide (STCA) – 954m2 with Potential Bay Views

Tucked away in a quiet, family-friendly pocket of McCrae, this expansive 954m2 (approx.) parcel of land is the ultimate blank canvas, offering outstanding design potential and development possibilities (STCA). With the potential for Bay views from a second level, you'll be treated to sparkling water vistas and unforgettable sunsets every day. Enjoy the best of coastal living with beaches, bay trails, and local attractions all within close reach. This is your chance to create the ultimate lifestyle in one of McCrae's most sought-after locations. Key Features: • Generous 954m2 (approx.) block – ideal for a large home or potential development (STCA) • Potential for panoramic Bay views from second level • Quiet, family-friendly location – set within a peaceful pocket of McCrae • Close to McCrae's stunning beaches • Easy access to local conveniences – moments from McCrae Plaza, Rosebud Shopping Centre, and Rosebud Plaza • Adventure on your doorstep – explore Arthurs Seat Park, McCrae Lighthouse, local golf courses and scenic bay trails • Pet-friendly living – close to off-lead dog parks and dog-friendly beaches • Seamless connectivity – easy access to the Peninsula Link Seize this rare opportunity to secure your slice of coastal paradise. Create a home that reflects your vision, pursue development opportunities, or unlock the potential for a three-lot subdivision (STCA). Surrounded by natural beauty, lifestyle convenience, and coastal charm, this block is a must-see. Don't miss this rare opportunity – contact us today to learn more or schedule an onsite inspection.

Features

954 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Mccrae over the last 12 months, the estimated median property value of 40 Riley Street is $750k.

Median value

$750k

Estimated value range

$470k - $1.25m

Median days on market

Estimated value trend

-9%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Mccrae. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Riley Street

2026

Sold

Undisclosed

18 Feb 2026 by Michael Stylman, of GRANGER Estate Agents

Happy sellers in Mccrae

79%

79% of sellers in Mccrae reported that their sale price either exceeded or met their price expectations.

Mccrae stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Mccrae over the last 12 months.

Local market activity for land plots in Mccrae

In the last 12 months, 10 land plots similar to 40 Riley Street, have been sold.

This represents a 120% decrease in land plots sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Mccrae for a free market appraisal.

Grant McConnell

at Belle Property Dromana/Rosebud

4.9

(513 reviews)

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Tracey Hedin

at YPA Dromana

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(64 reviews)

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Shane Fox

at Ray White Rosebud

4.9

(601 reviews)

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Adam Alexander

4.9

(524 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Mccrae

Grant McConnell

Sellers who recommend Grant McConnell have praised them for being clear communication, local expert, reliable, responsive, friendly, honest and stress-free process