200 Mount Eliza Way, Mount Eliza.

FORTHCOMING AUCTION UNLESS SOLD PRIOR Super-sized and largely untouched, this 920m2 (approx.) property in the heart of Mt Eliza is a unique and sensational opportunity to build your forever home just paces from the vibrant village atmosphere, prestigious schools, parkland and beaches. Forming part of Mt Eliza's historic and exclusive Ranelagh Estate, with a rear gate directly onto resident's private parkland, this completely flat site is an opportunity to build a luxury home in this much loved peninsula village or for builders on the lookout for a high profile position for their next project build. The property also holds high appeal for investors looking for a sure fire investment in the ever-rising property hot spot, with an excellent tenant already in place. Presenting scope for a large and luxurious new build with space to include an inground pool, families will enjoy the ultimate life of convenience where the children can walk to their choice of schools and sporting clubs or to the village's restaurants, supermarkets and services. This rare parcel of land is also positioned inside the gateway to the Mornington Peninsula and is just minutes to the peninsula's wineries, ocean beaches, golf courses, nature trails and more. Originally built as a holiday home in this estate designed by Walter Burley Griffin and wife Marion when Mt Eliza was considered a luxury holiday destination, the orange brick home is a charming step back in time with 1960s retro décor and all home comforts, allowing you to rent it out while your plans go through council planning. FEATURES • Incredible opportunity to build a luxury residence right in the heart of Mt Eliza • Rare flat 920m2 (approx.) allotment with original 1960 home • Short walk to village shops, cafes, restaurants, supermarket & services • Walk to Mt Eliza's great selection of public and private schools • One of the few remaining opportunities to build in the Ranelagh Estate • One of the largest allotments in this stretch of Ranelagh • Rear pedestrian gate to leafy residents parkland • Keep on fabulous tenant while plans for your newbuild take place • Spacious lounge with solid floorboards and gas heating • Wide decorative arch into separate dining room • All original retro kitchen with gas stove & large laundry with double trough • Stylish updated bathroom with deep tub and giant shower rose • Three sunny bedrooms, including two with robes • Behind front fence, gates and with plenty of off-street parking • Ideal site for luxury residence with room for inground pool and more • High appeal for a builder's project or a great addition to an investment portfolio