FOR SALE
$1,460,000 - $1,560,000

697 Point Nepean Road
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 886m2
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Absolute Blue Chip McCrae

Unveil the epitome of coastal living or commercial opportunity with this prime parcel of land nestled in the heart of picturesque McCrae. Spanning approximately 886m2, this vacant block presents an unparalleled opportunity to craft your dream seaside property (STCA).
Situated along the coveted Point Nepean Road, this parcel boasts proximity to every coastal convenience imaginable. Take leisurely strolls to McCrae Plaza for your daily essentials or indulge in culinary delights along the vibrant restaurant strip, all within effortless reach. And for those seeking the ultimate seaside escape, McCrae Beach and the pristine waters of Port Phillip Bay lie just moments away, promising endless days of sun and sand..
With a generous land size, the canvas is yours to create a bespoke coastal sanctuary, tailored to your every desire. Envision a stunning architectural masterpiece capturing panoramic bay views or embrace the tranquility of lush, landscaped gardens enveloping your dream abode. The possibilities are as boundless as the horizon stretching before you.
Rarely does such a remarkable opportunity arise to secure your slice of beachside paradise in one of McCrae's most coveted locales. Whether you're dreaming of a permanent sea change or a holiday haven to escape the everyday, this premier block of land presents the perfect foundation upon which to build your coastal legacy.
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Property Details for 697 Point Nepean Rd, Mccrae

Building Type
Land
Land Size
886m2

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About Mccrae 3938

The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2011 was 2,543 people. By 2016 the population was 2,836 showing a population growth of 11.5% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation. In 2011, 80.4% of the homes in Mccrae were owner-occupied compared with 77% in 2016.

Mccrae has 2,548 properties. Over the last 5 years, Houses in Mccrae have seen a 38.01% increase in median value, while Units have seen a 31.91% increase. As at 31 October 2024:

  • The median value for Houses in Mccrae is $999,529 while the median value for Units is $815,296.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Mccrae.

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