Freshly reduced and offering outstanding development potential, this substantial corner allotment of approximately 1,064 sq.m. is positioned just 80 metres from the water's edge and directly opposite the Coronet Bay General Store and Pharmacy.
With its generous dimensions and prime corner position, the property offers exciting potential (S.T.C.A.) for multiple dwellings, subdivision into two allotments, or the construction of a substantial coastal residence with future investment flexibility.
The location is hard to beat, with the foreshore just moments away and potential water views unlikely to be built out. A nearby bus stop adds convenience, while Coronet Bay continues to attract those seeking a relaxed coastal lifestyle.
The vendor is motivated to sell and all genuine written offers will be presented. With the price now reduced, developers and investors should take a serious look.
Approximately 25 minutes from major shopping centres, Phillip Island, surf beaches and popular attractions, with easy access to the nearby dual-lane highway connecting towards Melbourne and the south-eastern suburbs.
Large coastal allotments in this position are increasingly rare and with the vendor ready to consider offers, now is the time to act.
For further information or to arrange an inspection, contact Angus today on 0466 326 487.
Disclaimer: Whilst every care has been taken in preparing the above information, it is intended as a guide only. Please refer to the appropriate legal documentation and complete your own due diligence.
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