122-138 Tower Rd, Portarlington is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 33200m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last transferred in April 2024.
This 'Once in a Lifetime' property provides near 360-degree views of rural land, Port Phillip & Corio Bay, Mountain Ranges and City Skylines presenting buyers the chance to secure a property with unlimited potential.
On offer is a parcel of land like no other consisting of land content approx. 3.2 ha, perched atop the highest peak of Tower Road, Portarlington with multiple road frontages including Tower Road and Pigdon Street. With the amount of water and land mass in view, this property is one to behold.
Recently proposed for Use and Development of a Resort including Residential Hotel and Associated Facilities (including Day Spa, Restaurant, Health and Wellness Centre, Reception centre/Conference Room, Gym, and associated car parking) as well as a vineyard on the eastern side of the property. Details available upon request.
Zoning Farming Zoned
Located on the property is a comfortable four-bedroom home with two bathrooms and double garage. Perfect and ready for renovation or demolish and plan to build your dream home with unbeatable views.
Whether you're looking to continue the proposed development, Invest or Retire, the potential for this property is unlikely to be matched.
More information available upon request. Contact Trevor McManus on 0448810074
The size of Portarlington is approximately 24.8 square kilometres. It has 15 parks covering nearly 8.9% of total area. The population of Portarlington in 2011 was 3,581 people. By 2016 the population was 3,618 showing a population growth of 1.0% in the area during that time. The predominant age group in Portarlington is 60-69 years. Households in Portarlington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Portarlington work in a professional occupation. In 2011, 72.8% of the homes in Portarlington were owner-occupied compared with 69.6% in 2016.
Portarlington has 4,157 properties. Over the last 5 years, Houses in Portarlington have seen a 46.58% increase in median value, while Units have seen a 26.56% increase. As at 31 July 2024:
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