Looking to build your dream home on a spacious block of land? Look no further than this impressive 894m2 flat block located on Phillip Island, offering ample space for your ideal home.
The property also presents an exciting opportunity to subdivide, subject to council approval (STCA), making it an even more appealing option for buyers seeking potential investment opportunities.
Located in the serene Wimbledon Heights, this property offers a tranquil and peaceful living experience away from the hustle and bustle. With pathway access, residents can easily walk or ride their bikes into the charming Cowes township, with its pristine beaches and plethora of amenities. There's even a bike/walking path to the Grand Prix Circuit and all of Phillip Island's attractions and stunning beaches are just a short drive away.
This prime piece of real estate offers the perfect blend of convenience and serenity, making it an ideal location to build your dream home or investment property.
The size of Wimbledon Heights is approximately 0.4 square kilometres. It has 1 park covering nearly 5.1% of total area. The population of Wimbledon Heights in 2011 was 389 people. By 2016 the population was 355 showing a population decline of 8.7% in the area during that time. The predominant age group in Wimbledon Heights is 50-59 years. Households in Wimbledon Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wimbledon Heights work in a trades occupation. In 2011, 78.5% of the homes in Wimbledon Heights were owner-occupied compared with 73.7% in 2016.
Wimbledon Heights has 366 properties. Over the last 5 years, Houses in Wimbledon Heights have seen a 48.30% increase in median value, while Units have seen a 16.46% increase. As at 31 October 2024:
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