OFF MARKET

375 Boneo Road
Boneo VIC 3939

Bedrooms: 3
Bathrooms: -
Car spaces: -
Floor area: 205m2
Land area: 9762m2
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Property Details for 375 Boneo Rd, Boneo

375 Boneo Rd, Boneo is a 3 bedroom, 0 bathroom House and was built in 1937. The property has a land size of 9762m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last transferred in September 2020.

Building Type
House
Year Built
1937
Floor Size
205m2
Land Size
9762m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS302382

Last Listing description (April 2019)

Endless Opportunities! - Option to Buy!
A very rare opportunity to lease just under 10,000m of land on Boneo Road. Just seconds away from the Peninsula Link M11 freeway this property boasts great exposure, of roughly 70m metres to Boneo road which sees thousands of cars drive past on a daily basis.
What is on offer here?

We have a rare offering of a house and land package ideal for storage business operators. The 4 bedroom colonial lifestyle residence is a beachside entertainers dream, wrapped in a delightful heritage veranda. It shares its old charm with expansive gardens set amongst sculpted Cyprus trees.
The house is surrounded by roughly 9,700m of land for you to capitalise on. I am sure you have a number of ideas for the property, to give you an idea, the current occupiers use the residence as a caretaker s residence while using the back land as storage for client s caravans and boats.
The current business houses roughly between 140 - 160 high end yachts/boats and caravans throughout the year at $820 per unit, per annum. There is definitely future growth potential here as the current occupiers have been slowing down due to retirement and old age so have not decided to expand or grow as much as they could.
The opportunity is there for an astute investor to come in and develop an already established business and increase the income.
The Mornington Peninsula's combination of European coastal charm and Australian living has enticed more than 100,000 holiday goers every summer season.
All serious business opportunities/proposals will be considered so please get in contact with Christian to discuss any ideas.

Call Christian on 0409 241 635 now for more information on this rare and exciting site.

Property History for 375 Boneo Rd, Boneo, VIC 3939

A timeline of how this property has performed in the market
Last Transferred
01 Sep 2020
Listed for Rent
15 Apr 2019
  • 01 Sep 2020
    Transferred
  • 03 Dec 2018
    Listed for Rent - Price not available
  • 27 Jul 2012
    Transferred
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About Boneo 3939

The size of Boneo is approximately 33.7 square kilometres. It has 9 parks covering nearly 17.9% of total area. The population of Boneo in 2011 was 387 people. By 2016 the population was 368 showing a population decline of 4.9% in the area during that time. The predominant age group in Boneo is 10-19 years. Households in Boneo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boneo work in a managers occupation. In 2011, 74.6% of the homes in Boneo were owner-occupied compared with 74.3% in 2016..

Boneo has 199 properties. Over the last 5 years, Houses in Boneo have seen a 59.86% increase in median value. As at 30 November 2024:

  • The median value for Houses in Boneo is $3,310,453 while the median value for Units is $600,252.
There are currently no properties listed for sale, and no properties listed for rent in Boneo on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Boneo.

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Disclaimer
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.