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Overview
Prime Development Opportunity In Mount Eliza's Golden Mile
This property represents a prime development opportunity located in one of Mount Eliza's most coveted areas, known as the Golden Mile. It offers a rare chance to acquire a substantial parcel of land in a prestigious enclave, providing a versatile canvas for various ambitions.
Whether you are envisioning a landmark family residence, seeking an investment with potential for development, or desiring a peaceful garden retreat, this property at 4 Penny Lane is abundant with possibilities. The expansive land size of over 3,100 square meters allows for significant creative freedom in planning and development.
The existing home features four bedrooms, two bathrooms, and two parking spaces, providing comfortable accommodation and amenities. The property's generous land area offers privacy and a tranquil environment, ideal for families or those looking to create a bespoke living space.
Situated in Mount Eliza, a suburb known for its natural beauty, community atmosphere, and proximity to essential services and recreational facilities, this property combines lifestyle and investment appeal. The location within the Golden Mile further enhances its desirability, as this area is synonymous with exclusivity and high-quality living.
Potential buyers are encouraged to consider the various opportunities this property presents, from redevelopment to renovation or simply enjoying the serene setting it offers. The combination of size, location, and potential makes 4 Penny Lane a standout offering in the Mount Eliza market.
Overall, this listing is a unique opportunity to secure a significant property in a prestigious location, with the flexibility to tailor it to your specific needs and aspirations.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Mount Eliza VIC 3930
Market Insights for Mount Eliza VIC 3930
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
