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40 Governors Road, Crib Point VIC 3919

$1,400,000 - $1,495,000

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$1.4M - $1.47M Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 4047 m²

Listed: 13th Aug 2026

Overview

This substantial property is positioned in a dynamically evolving area of Crib Point and offers a remarkable opportunity for redevelopment, subject to council approval. The generous land size of 4,047 square metres combined with a wide frontage and advantageous zoning provides a versatile platform for a variety of development projects. The existing residence can serve as a source of immediate income or provide short-term accommodation during planning phases, enhancing the site's investment appeal.

Well situated amidst established amenities, public transport options, and key infrastructure, this site is well-placed to capitalize on Crib Point's growing housing demand. Its strategic location and development potential make it especially appealing to developers, builders, and investors aiming for strong future growth.

Key benefits include:

A sizeable landholding ideal for redevelopment projects (STCA), providing flexibility for design and plans.
Existing dwelling supports interim occupancy or rental income, facilitating a practical transition period.
Proximity to schools, shopping centres, and transport enhances convenience and desirability.
Ample parking with two garage spaces complements the comfortable four-bedroom, two-bathroom home layout.

This property represents a valuable opportunity to secure a large parcel of land in a high-growth market, blending immediate usability with significant future development prospects.

Local Market Insights

In Crib Point, Quiet Listings observed 3 new houses entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $738,333. The property type mix of listed properties is predominantly Houses at 75%, followed by units (25%). The only agency with for houses listings currently monitored in the Crib Point area is Ray White. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.