SOLD
Sold on 28 Dec 2023 for $1,700,000

14 Point Leo Road
Point Leo VIC 3916

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 30m2
Land area: 1025m2
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Sold By
Ben Nutbean
YPA Estate Agents Mornington Peninsula
Chris Fahl
YPA Estate Agents Mornington Peninsula
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Property Details for 14 Point Leo Rd, Point Leo

Building Type
Commercial
Floor Size
30m2
Land Size
1025m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP108126

Last Listing description (December 2023)

Inspect By Appointment - Please call Ben on 0413 125 996 or Chris on 0404 668 818 to arrange a viewing.

Built in the 1950s and still retaining all of the same charm and coastal allure that makes this very special property what it is today, this exceptionally rare offering represents not only the opportunity to secure a large residence *200m from the beach and surrounded by native wildlife and bushland but also the chance to take a treasured local icon and reinvent its legacy for future generations to come.

Offered as a blank canvas and with vacant possession, this magical property consists of two parts, the front shop and retail space (which was previously home to the Point Leo General Store) and a separate lower and upper level private residence consisting of five bedrooms, two bathrooms, ensuite downstairs, kitchen, and large dining area plus two independent sitting rooms and spacious living room. The property also offers a separate bungalow, Bali hut & bar, shed and skate ramp.

Located in the heart of the Point Leo township, an enviable lifestyle awaits those who seek the best of both worlds. No longer are people waiting to retire to enjoy the fruits of their labour as property continues to be in high demand all along the Peninsula with many people still looking to trade in the daily grind for a life well lived. Living by the ocean has fast become the new Australian dream with more and more of us choosing to work from home, and with Point Leo and the majority of the Mornington Peninsula being just over an hour's drive to the CBD, this dream is quickly becoming a reality for the lucky few, brave enough to make the move.

With the local townships of Balnarring, Red Hill, Merricks and Dromana within very close proximity as well as incredible surf breaks, nature trails and an array of word class wineries and restaurants including Pt Leo Estate, Polperro, Montalto, Paringa Estate and T'Gallant - this once in a lifetime opportunity is not to be missed. There aren't any others like it, and they aren't making any more!

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Property History for 14 Point Leo Rd, Point Leo, VIC 3916

A timeline of how this property has performed in the market
Last Sold
$1,700,000
28 Dec 2023
  • 28 Dec 2023
    Sold for $1,700,000
  • 31 Oct 2023
    Listed for Sale Not Disclosed
  • 03 May 2021
    Listed for Sale OFFERS INVITED
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About Point Leo 3916

The size of Point Leo is approximately 3.2 square kilometres. It has 3 parks covering nearly 10.7% of total area. The population of Point Leo in 2011 was 158 people. By 2016 the population was 158 showing a stable population in the area during that time. The predominant age group in Point Leo is 60-69 years. Households in Point Leo are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Point Leo work in a professional occupation. In 2011, 92.9% of the homes in Point Leo were owner-occupied compared with 89.8% in 2016..

Point Leo has 137 properties. Over the last 5 years, Houses in Point Leo have seen a 69.29% increase in median value, while Units have seen a 35.62% increase. As at 30 November 2024:

  • The median value for Houses in Point Leo is $2,689,776 while the median value for Units is $3,367,555.
There are currently 3 properties listed for sale, and no properties listed for rent in Point leo on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Point leo.

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