Mortgagee Auction | Half-Built, Full Potential

The situation is straightforward: the property is subject to a Mornington Peninsula Shire Council Building Order, issued as structural alterations and additions - including decking to both the east and west elevations - were carried out without building permits. The Council has issued a Stop Work Order. The incoming owner will need to either engage a private building surveyor to certify and rectify the works, or demolish and rebuild the unpermitted structures with proper approval.
For those who know what they're doing, this is exactly the kind of project that delivers strong returns.

Perched in an elevated position with great views across the Peninsula, this 4-bedroom, 2-bathroom home presents a rare opportunity for builders, investors, and savvy buyers ready to unlock serious potential.
The property is partially complete with the hard work already underway - bathrooms are fully tiled, and the master bedroom features a walk-in robe and ensuite. The bones are here, the views are real, and the upside is undeniable.

Highlights:

4 bedrooms | 2 bathrooms
Elevated block with great views
Bathrooms tiled, master with WIR & ensuite(unfinished)
Partially completed - scope to finish to your own standard
Council Building Order & Stop Work Order in place - full transparency
Mortgagee sale - must be sold unconditionally at auction

Buyers are advised to conduct full due diligence prior to bidding. Building Order documentation available in section 32.
10% deposit, 30/60/90 days

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.

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School catchments

Rye Primary School Primary Prep-6 Government 1.5km
Tootgarook Primary School Primary Prep-6 Government 3.8km
Eastbourne Primary School Primary Prep-6 Government 5.7km
Rosebud Secondary College Secondary 7-12 Government 6.3km
Boneo Primary School Primary Prep-6 Government 6.6km
Oakwood School-Rosebud Campus Secondary Government 6.7km
Our Lady of Fatima School Primary Prep-6 Catholic 7.0km
Padua College - Rosebud Campus Secondary Catholic 7.8km
Sorrento Primary School Primary Prep-6 Government 8.4km
St Joseph's School Primary Prep-6 Catholic 8.5km
Rosebud Primary School Primary Prep-6 Government 8.5km
Dromana Primary School Primary Prep-6 Government 13.3km
Red Hill Consolidated School Primary Prep-6 Government 15.6km
Dromana Secondary College Secondary 7-12 Government 17.6km
St Aloysius' School Primary Prep-6 Catholic 19.4km
Queenscliff Primary School Primary Prep-6 Government 19.4km
Mount Martha Primary School Primary Prep-6 Government 20.9km
Point Lonsdale Primary School Primary Prep-6 Government 21.3km
Balcombe Grammar School Combined Prep-12 Independent 22.4km
Oakwood School-Mornington Campus Secondary Government 25.8km
Mornington Secondary College Secondary 7-12 Government 28.0km
Bellarine Secondary College-Ocean Grove Campus Secondary Government 28.0km
Woodleigh School - Penbank Campus Combined Independent 28.5km
Padua College Secondary 7-12 Catholic 28.9km
Bellarine Secondary College Secondary 7-12 Government 31.5km
Peninsula Grammar Combined Prep-12 Independent 31.6km
Saint Ignatius College Geelong Secondary 7-12 Catholic 31.7km
Christian College Geelong - Bellarine Campus Combined Independent 32.1km
Western Port Secondary College Secondary 7-12 Government 32.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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