FOR SALE
$775,000 - $825,000

32 Wandella Road
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 605m2
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The Brief: Investment/Development opportunity in the sought-after Mornington area

Its Addressed:
Situated on a generous 605m2 approx. land, this property offers immense potential for buyers looking to create their dream home or embark on a lucrative development project.
With the existing house in need of some TLC, the focus here lies in the incredible potential of the land and its prime location. Whether you're envisioning a stunning new residence or the construction of two luxurious town homes STCA, the possibilities are endless.
In addition to the exciting development prospects, this property boasts a convenient location. Within walking distance, you'll find the popular Benton's Square Shopping Precinct, as well as esteemed educational institutions such as Osborne Primary and Benton's Junior College. The vibrant Main Street, pristine beaches, and a range of local amenities including sporting grounds and public transport options are also within close proximity.
To further sweeten the deal, the vendor is open to the option of an extended settlement period of up to 12 months, providing flexibility for buyers.
Don't let this incredible opportunity slip through your fingers. Take the first step towards owning a beautiful property in Mornington by contacting us today.
"For more Real Estate in Mornington contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters."
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Property Details for 32 Wandella Rd, Mornington

32 Wandella Rd, Mornington is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 605m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
605m2

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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation. In 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.

Mornington has 15,534 properties. Over the last 5 years, Houses in Mornington have seen a 43.75% increase in median value, while Units have seen a 21.35% increase. As at 31 October 2024:

  • The median value for Houses in Mornington is $1,097,753 while the median value for Units is $759,595.
  • Houses have a median rent of $698 while Units have a median rent of $575.
There are currently 61 properties listed for sale, and 13 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 530 properties were sold in the past 12 months in Mornington.

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Octavian Gheorghiu
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AREA SPECIALIST KEYSBOROUGH
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