8 Verdino TerraceSan Remo VIC 3925
Property Details for 8 Verdino Tce, San Remo
Last Listing description (April 2024)
Welcome to an extraordinary opportunity in the heart of the highly sought-after Penniwells Estate, nestled within the picturesque seaside town of San Remo. This expansive parcel of land, boasting an impressive 1,116 square meters approximately, stands as the largest allotment within the prestigious estate and sits opposite a walking track which will take you straight to the beach.
Envision the possibility of waking up to breathtaking water views, as this sprawling property offers the potential for unparalleled vistas that could transform your daily life. Situated in an area renowned for its coastal charm, this location is poised to provide a truly idyllic lifestyle, combining the tranquility of seaside living with the convenience of urban amenities.
This remarkable allotment opens the door to a myriad of possibilities, presenting itself as a canvas for the creation of a bespoke dream residence. Moreover, the potential for dual occupancy adds a unique dimension, allowing for the construction of two dwellings on the property (subject to council approval). Imagine the flexibility to design and build not only your dream home but also a secondary dwelling, offering versatility and investment potential.
Seize this rare chance to secure the largest allotment within the Penniwells Estate, where coastal living meets expansive possibilities. Embrace the allure of a lifestyle property, where the whispering sea breeze and the promise of spectacular water views set the stage for a life of tranquility and distinction. Don't miss the opportunity to shape your coastal dream on this substantial canvas in San Remo - the epitome of seaside living awaits.
This property in San Remo is proudly presented to you by Ray White Phillip Island.
Proposed plans for two residences available upon request.
Property History for 8 Verdino Tce, San Remo, VIC 3925
- 18 Apr 2024Sold for $550,000
- 31 May 2022Listed for Sale $700,000 - $750,000
- 20 Jan 2018Sold for $319,000
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0About San Remo 3925
The size of San Remo is approximately 15.3 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of San Remo in 2011 was 1,083 people. By 2016 the population was 1,245 showing a population growth of 15.0% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation. In 2011, 69.5% of the homes in San Remo were owner-occupied compared with 68.7% in 2016.
San Remo has 2,117 properties. Over the last 5 years, Houses in San Remo have seen a 56.66% increase in median value, while Units have seen a 47.25% increase. As at 31 July 2024:
- The median value for Houses in San Remo is $835,081 while the median value for Units is $539,858.
- Houses have a median rent of $550 while Units have a median rent of $403.
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