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7-9 Ben-Tor Terrace, Coronet Bay VIC 3984

$460,000

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$460k - $483k Transparent Transparent Listing Based on an openly advertised listing price.

Land 1068 m²

Listed: 37 days ago

Updated: 30 days ago

Overview

This exceptional property offers a rare chance to acquire a sizable, level parcel of land approximately 1,068 square metres in the heart of Coronet Bay, a location gaining popularity for its relaxed coastal lifestyle. The block's generous frontage of about 30.5 metres coupled with an approximate depth of 35 metres provides a significant and flexible footprint for future development.

Flat and fully fenced with minimal trees, the land presents an ideal blank canvas for buyers looking to build their dream home or for investors considering subdivision possibilities (subject to council approvals). Its zoning under the General Residential Zone – Schedule 1, supports the potential creation of two lots, widening development options on this ample allotment.

Positioned in a pleasant street and within convenient proximity to the beach, local amenities, and the broader Bass Coast region, this site is designed to suit those seeking lifestyle balance at the coast. The planned development of a new Coles store in nearby Grantville further enhances the area's convenience and appeal for residents.

Level, fenced land approximately 1,068 sqm
Generous frontage and depth suitable for building or subdivision
Located in a sought-after coastal town with growing infrastructure

This offering is well-suited to a range of buyers including families desiring a coastal lifestyle, developers exploring subdivision opportunities, or investors seeking land in a strategic market. This property invites buyers to build, invest or explore potential as the local area continues to develop.

Local Market Insights

In Coronet Bay, Quiet Listings observed 8 new parcels of land entering the market over the last 30 days, down from 9 during the previous 30-day period, with an average advertised asking price of $353,625. The property type mix of listed properties is predominantly Houses at 63%, followed by land (38%). The most active agency for land in the Coronet Bay area is currently Ancora Property Group, representing 50% of new listings, followed by @Realty with 38%. 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.