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9 First Avenue

St Leonards VIC 3223

2
1
2
650 m²
House
Currently for sale - view listing

Overview

Rare Development Opportunity in Prime St Leonards Location 650m² RGZ3 Allotment

Positioned in one of St Leonards' most tightly held and unique streets, 9 First Avenue boasts an elevated, enviable setting. With sweeping views across the bay, direct access to the St Leonards foreshore, and just steps to the thriving shopping village, this blue-chip location is unbeatable. Set on approximately 650m² of premium land and zoned Residential Growth Zone 3 (RGZ3), this property is ripe for redevelopment, subdivision, or multi-dwelling construction (STCA). The generous block size, street appeal, and growth zoning open up a rare scope for high-yield investment or transformation into a landmark coastal development. The existing 1960s cottage, with its hardwood floors, charming façade, and full-width front deck taking in bay views, provides holding income or a renovation project while plans are drawn. - RGZ3 Zoning higher density potential (STCA) - 650m² approx. of prime coastal land - Bay views - Walk-to-everything location shops, beach, cafes - One of only 12 homes in the street tightly held pocket Whether you're seeking a high-growth investment, a subdivision opportunity (STCA), or the perfect site to create a luxury multi-residence coastal project, this is a once-in-a-generation chance to secure a significant footprint in a rapidly appreciating pocket of St Leonards. Opportunities like this don't come around often. Act fast. Thinking of Moving to the Bellarine? Check out our Suburb Profile Video: https://youtu.be/XaPzz-9WqXQ

Features

2 bedrooms
1 bathroom
2 carspaces
650 m² lot size
House

Property history for 9 First Avenue

2018
Sold
$620,500
Auction Sale on 12 May 2018 by Luke Campbell, of Neville Richards Real Estate St Leonards
2014
Sold
Undisclosed
02 Mar 2014 by Luke Campbell, of Neville Richards Real Estate St Leonards

Happy sellers in St Leonards

<50%
Less than 50% of sellers in St Leonards reported that their sale price either exceeded or met their price expectations.

St Leonards stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in St Leonards over the last 12 months.

Local market activity for 2 bedroom houses in St Leonards

In the last 12 months, 4 two-bedroom houses similar to 9 First Avenue, have been sold.

This represents a 64% increase in two-bedroom houses sales when compared to the previous 12 months.

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