FOR SALE
$595,000 - $650,000

84 Two Bays Road
Mount Eliza VIC 3930

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1ac
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1 Acre Land To Build Your Dream Home With Views

Taking in spectacular scenery stretching across the Mornington Peninsula’s hinterland to the waters of Westernport and beautiful Red Hill, this is a rare and incredible chance to build a life of luxury on Mt Eliza’s leafy eastern slopes.
This vacant 1 acre (4309m2 approx) parcel of land offers a building opportunity where absolutely all the hard work has been done including excavation, electricity and water connection and even plans and permits obtained for a substantial hillside home.
New owners may also have the opportunity to subdivide the large allotment (STCA) and sell off half to help fund their new build or land bank for the future, while the wide 35.8 metre front and elevation of 85 and 128 metres above sea level means the spectacular views can never be built out.
Just steps to Mt Eliza Regional Park with its myriad of lovely walking trails, the prestigious neighbourhood enjoys a stunning close encounter with nature and local birdlife, while Mt Eliza’s prestigious Peninsula Grammar, Toorak College and numerous other school as well as village shops, restaurants and beaches are just a short drive.
The approved plans to construct a two-storey home include 6 bedrooms, two living areas opening out to a viewing balcony and a rear deck looking out to rear bushland, a large kitchen with walk-in pantry, a master suite with spectacular views, guest room with ensuite, a study, theatre, lift and double garage.
Alternatively, purchasers could alter the plans or start fresh with their own dream house design.
Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact Candice Blanch on 0447 188 469 or Ildiko Browning on 0487 904 828
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Property Details for 84 Two Bays Rd, Mount Eliza

Building Type
Land
Land Size
1ac

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About Mount Eliza 3930

The size of Mount Eliza is approximately 23.4 square kilometres. It has 46 parks covering nearly 8.9% of total area. The population of Mount Eliza in 2011 was 17,247 people. By 2016 the population was 17,885 showing a population growth of 3.7% in the area during that time. The predominant age group in Mount Eliza is 40-49 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation. In 2011, 88.4% of the homes in Mount Eliza were owner-occupied compared with 88% in 2016.

Mount Eliza has 7,847 properties. Over the last 5 years, Houses in Mount Eliza have seen a 31.91% increase in median value, while Units have seen a 23.04% increase. As at 31 October 2024:

  • The median value for Houses in Mount Eliza is $1,593,482 while the median value for Units is $754,623.
  • Houses have a median rent of $900 while Units have a median rent of $540.
There are currently 49 properties listed for sale, and 9 properties listed for rent in Mount eliza on OnTheHouse. According to CoreLogic's data, 305 properties were sold in the past 12 months in Mount eliza.

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Candice Blanch
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Ebony Hobman
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.