Nestled in the serene and picturesque court of 18 Penrose Place, Newlands Arm, this expansive 1166m2 lifestyle allotment offers an unparalleled opportunity to create your dream home. With direct access to the stunning Lake Victoria, enjoy breathtaking easterly views and wake up to the golden hues of the morning sunrise. Surrounded by high-quality homes currently under construction, this sought-after location ensures a beautiful and establishing neighbourhood. Just moments from the local boat ramp and Dawson Cove ski zone, this property is ideal for water lovers, offering direct access to the pristine Gippsland Lakes. Perfect for boating & fishing. With ample space to design a home that embraces the natural beauty of the area, this is a rare opportunity to secure a prime allotment. Whether you're looking for a peaceful retreat or an active lakeside lifestyle, this block has it all.