SoldOct 7, 2025

20 Wattle Place, Mccrae, VIC, 3938

$871,000

4
2
2
652 m²

House

•

30+ days on the market

Sold: Oct 7, 2025

What's around 20 Wattle Place

Prime Investment Opportunity in McCrae A Renovators Dream or Subdivision Potential!

Located just a short stroll from the stunning McCrae Foreshore and within easy reach of all the amazing amenities the Mornington Peninsula has to offer, this property presents an exciting opportunity for investors, developers, or those with a vision. Currently tenanted on a month to month ($490 a week), this home is in need of a substantial renovation, offering a blank canvas to transform it into your dream coastal retreat. Alternatively, take advantage of its generous land size and explore the potential to subdivide and build two side-by-side properties (STCA), capitalizing on the high demand for new homes in this sought-after location. Whether you choose to renovate, develop, or landbank for the future, this property offers endless possibilities in a prime location. Walking distance to McCrae Foreshore Close to shops, cafes, schools, and public transport Minutes to local wineries, golf courses, and beaches Large block with subdivision potential (STCA) Don't miss out on this rare chance to secure a property with so much potential in one of the most desirable locations on the Peninsula. Contact us today for more information or to arrange an inspection

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