Multi-Lot Opportunity with Front & Rear Access - Lot 10

Residential

$62,500 - Per Lot

Lot/10 Stanley Road ADAMS ESTATE

An exciting opportunity exists to secure Lot 10 and Lot 11 Stanley Road, two adjoining allotments forming part of a unique six-lot subdivision within the sought-after Adams Estate.

Positioned within a peaceful, established setting surrounded by beautiful mature trees and quality homes, the Adams Estate offers a rare balance of space, privacy and convenience, all within close proximity to local amenities and the coastline.

Each allotment measures approximately 600 sq.m. with a frontage of approximately 15.2 metres and depth of approximately 39.6 metres, creating a substantial combined landholding of approximately 1,200 sq.m. with excellent future potential.

The adjoining four allotments within the subdivision are currently owned by Bass Coast Shire Council, who have indicated in writing their intention to offer these allotments for sale to the purchaser of Lot 10 and Lot 11, subject to Council processes and formal documentation.

The broader subdivision offers approximately 45 metres of Stanley Road frontage and extends approximately 80 metres through to Anne Street at the rear, providing potential front and rear access across the site.

Whilst advertised individually, Lot 10 and Lot 11 are to be sold concurrently under two separate contracts to the same purchaser.

As part of this broader subdivision opportunity, the adjoining four Council-owned allotments are proposed to be offered at a combined price of $275,000, equating to approximately $68,750 per allotment. In comparison, Lot 10 and Lot 11 are being offered at $125,000 combined ($62,500 per allotment), presenting exceptional value while assisting with future amalgamation costs.

Council minutes and supporting documentation are available for review by prospective purchasers.

Ideally positioned within close proximity to the future Coles supermarket development, local shops, cafes, schools and the foreshore, the property also offers easy access south to Phillip Island and north to Melbourne via the dual-lane highway.

A rare opportunity for developers, investors or purchasers seeking a substantial landholding in a growing coastal location.

It is our understanding that, in order to construct a dwelling, the purchaser would need to acquire these two blocks together with the adjoining four Council-owned allotments so all six lots can be consolidated into a single title, subject to council approval (S.T.C.A.). Any future planning application and approvals would be the responsibility of the purchaser, and all interested parties are encouraged to undertake their own due diligence with the relevant authorities.

For further information or to arrange an inspection, contact Angus Hall on 0466 326 487.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.