Renovation works have started saving $1000's and priced to sell. Ideally positioned in a tightly held Ventnor pocket, this substantial and versatile property is set on approximately 1003sqm (approx.) with dimensions of 18m x 55m (approx.), offering outstanding scope for investors, first home buyers, and opportunity for further renovations.
Complete with an approved permit for a 2-lot subdivision*, the possibilities here are immediate and exciting-develop, renovate, invest, or landbank for future growth.
The existing two-storey residence provides a solid and spacious foundation, featuring a versatile 4-bedroom layout, multiple living zones, and flexibility for growing families or holiday accommodation. The home includes a large kitchen with balcony and porch access, a separate laundry, and two bathrooms, with one already fully renovated.
Step outside to an undercover patio, perfect for entertaining, while the generous allotment allows plenty of room to further enhance or redevelop (STCA in line with existing permit).
Enjoy the best of coastal living, just moments from the safe, dog-friendly Ventnor beach, and surrounded by the many attractions that make Phillip Island such a sought-after destination.
Key Features:
Approx. 1003sqm allotment (18m x 55m approx.)
Approved permit issued for 2-lot subdivision with plans for 2 Storey Duplex*
Substantial 2-storey, 4-bedroom home, repainted externally.
Multiple living areas offering versatility
Large kitchen with balcony & porch
2 bathrooms (one fully renovated) + separate laundry
Undercover outdoor entertaining area
Ideal for investors, renovators & first home buyers
Close to beach and iconic Phillip Island attractions
Potential Weekly Rental $480 - $490 per week
A rare opportunity to secure a large parcel with genuine upside in a premium coastal location.
Enquire today – opportunities like this don't last long.
Phone Marius 0425 853 055 for an immediate inspection.
* (Planning permit currently expired but can apply to validate)
