Set on an expansive approx. 1,402sqm allotment with elevated bay views towards the You Yangs, 9 Welfare Street presents a rare opportunity to secure a substantial landholding in one of Portarlington's tightly held coastal locations.
With its generous dimensions, elevated position and broad outlook, the property offers an exciting range of possibilities for those looking to consider its future potential. Options may include exploring residential development, creating a substantial new coastal residence, retaining the existing home as an investment, or holding the land for the future, subject to council approval and all relevant planning requirements (STCA).
The existing three-bedroom, one-bathroom residence is currently tenanted, providing rental income while future plans are considered. Driveway parking accommodates two vehicles, with the balance of the expansive allotment predominantly grassed and surrounding the existing residence.
The property's substantial landholding, position and outlook provide an excellent foundation for buyers seeking flexibility and the opportunity to explore what may be possible with the site, subject to the relevant authorities and planning requirements (STCA).
Perfectly positioned close to Portarlington's town centre, ferry service to Melbourne, local beaches, cafés, restaurants and the Bellarine Peninsula's renowned wineries, the property combines significant land with an enviable coastal lifestyle.
Large parcels of land in established coastal locations are increasingly difficult to secure. For developers, investors and buyers looking to create something of their own, 9 Welfare Street offers the opportunity to acquire a substantial Portarlington holding with immediate rental income and exciting possibilities for the future, subject to all necessary approvals (STCA).
Opportunities of this scale and position are rarely offered to the market.
