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For sale

57 Cape Paterson Road,
Wonthaggi 3995, Victoria

3 bedrooms
1 bathroom
34.49ha land size
Acreage/Semi-Rural

$2,750,000 - $3,000,000

Property Price Statement

Property details

LAND BANK NOW AND MAKE $$$ IN THE FUTURE

"Whether you're looking for future development, or a lifestyle property wedged between rural city and beach living then this block is for you."

Set on approx 34.49 hectares, this expansive parcel of land split over two titles presents an exceptional opportunity in a highly sought after location just outside the heart of Wonthaggi. Boasting prime street frontage, the property is perfectly positioned for those looking to secure a strategic investment in a rapidly evolving area.

Surrounded by neighbouring land already zoned for low density residential use, this property offers outstanding potential for future rezoning (STCA), making it an ideal land banking prospect. Currently zoned for farming, it provides flexibility for immediate use while you plan for the future.

With Wonthaggi's current population nudging over 11,000 people and expected to double in the next 25 years there is set to be high demand for future land that can be rezoned. Given the proximity to the Wongthaggi township this property must be considered.

But if it's lifestyle you are after, then enjoy the best of both worlds with peaceful, open space living and easy access to some of the region's most stunning coastal attractions. A short drive will take you to Cape Paterson Beach, the picturesque Kilcunda Beach, and a variety of beautiful back beaches, perfect for leisure and lifestyle appeal.

Whether you're an investor, developer or lifestyle buyer, this is a rare chance to secure a substantial landholding in a growing community with exciting potential ahead.

Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

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.

Inspections

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School catchments

  • Wonthaggi Primary School Primary Prep-6 Government 2.5km
  • St Joseph's School Primary Prep-6 Catholic 2.9km
  • Wonthaggi North Primary School Primary Prep-6 Government 3.1km
  • Powlett River Primary School Primary Prep-6 Government 9.0km
  • Inverloch Primary School Primary Prep-6 Government 10.8km

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.

Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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