RARE AND EXCEPTIONAL 13,506SQM* LANDHOLDING WITH MAGNIFICENT MORNINGTON PENINSULA BAY VIEWS

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1 RARE AND EXCEPTIONAL 13,506SQM* LANDHOLDING WITH MAGNIFICENT PENINSULA BAY VIEWS SUIT RETIREMENT AND AGED CARE LIVING (STCA) WITH CONCEPTUAL SCHEME PLUS HIGH-END RESIDENTIAL For Sale via International Expressions of Interest closing Wednesday 30th November 2016 at 2pm

2 EXCEPTIONALLY RARE COASTAL LAND OFFERING LOCATED IN AN ELEVATED MT ELIZA LOCATION, BEING THE ENVY OF THE FAMED PENINSULA TOURISM REGION. N MELBOURNE CBD 40KM* TOWN CENTRE <3.7KM* OLIVERS HILL 2KM* RD 126M* 65M* 13,506sqm* JERULA AVE 136M* OLD ROAD *APPROX *INDICATIVE BOUNDARY ONLY PRESTIGIOUS TOORAK COLLEGE 250M*

3 MELBOURNE CBD 40KM* ACTUAL VIEW FROM SITE IDYLLIC CAFE STRIP, MT ELIZA 1.5KM* CLOSE TO OVER 40 WINERIES IN PICTURESQUE SURROUNDS MONASH UNIVERSITY PENINSULA CAMPUS 3.7KM* Source:

4 Luxury beachside residential neighbourhood (View from directly above Mt Eliza Rise) MELBOURNE CBD 40KM* OLIVERS HILL 2KM* TOWN CENTRE <3.7KM* NEPEAN HIGHWAY EXECUTIVE SUMMARY PROPERTY ADDRESS 109 Old Mornington Road, Mt Eliza DESCRIPTION A magnificent landholding in the exclusive coastal town of Mt Eliza forming part of the coveted Mornington Peninsula. This is a rare opportunity to acquire an elevated landholding of scale, in a tightly held location and features a prominent corner site with three (3) frontages and multiple access points. Mt Eliza Rise suits a variety of development opportunities (STCA). SITE AREA Significant 13,506sqm* landholding OLD ROAD STREET FRONTAGES Old Mornington Road 136m* Daveys Bay Road 126m* Jerula Avenue 65m* Total 327m* TITLE DETAILS The site is presented on Certificate of Title Volume Folio 120 ROAD PLANNING The property is located within a General Residential Zone Schedule 1. The purpose of GRZ1 is: To encourage development that respects the neighbourhood character of the area. To provide a diversity of housing types and moderate housing growth in locations offering good access to services and transport To allow educational, recreational, religious, community and a limited range of other non-residential uses to serve local community needs in appropriate locations MT ELIZA This beachside suburb is the envy of much of the Mornington Peninsula, with leafy landscapes, picturesque and vibrant retail villages, cliff top sea views, beaches and luxurious state of the art and established residences, plus high quality secondary and tertiary education options. PENINSULA LOCATION Melbourne s famed tourism region of the Mornington Peninsula is underpinned by its beaches, renowned winery and equine geographies of Red Hill and surrounding areas. Private and public championship golf courses, Arthurs Seat Chair Lift, national parks, events, plus various historical and cultural attractions - are all major tourism and lifestyle drawcards to this enviable Peninsula region. LOCAL DEMOGRAPHIC Mt Eliza caters superbly for recreation enthusiasts and residents seeking a relaxed lifestyle or retirement setting. Mt Eliza s population is predominantly established couples with families and mature couples. The median house price is approximately $910,000^ well above the Melbourne metropolitan average. Luxury homes in Mt Eliza and nearby Olivers Hill have often sold between $2 million and $4 million. DEVELOPMENT OPPORTUNITY This ideal corner location with sea views of Port Philip Bay, combined with a more mature demographic, identifies some very attractive development opportunities for Mt Eliza Rise, being; Aged Care &/or Retirement Living Luxury residence(s) Residential sub-division Other uses in accordance with the zoning (STCA) SALE TERMS & FURTHER INFORMATION For Sale by International Expressions of Interest closing Wednesday 30th November 2016 at 2pm Deposit: 10% upon contract exchange Settlement: 60 to 90 days (EOI s subject to terms and conditions of Contract of Sale) AVAILABLE INFORMATION UPON REQUEST: Various Due Diligence materials Contract of Sale & Vendor Statement Expressions of Interest form

5 NORTH MELBOURNE CBD PORT PHILLIP BAY FORESHORE RAILWAY STATION 40km* OLIVERS HILL HOSPITAL MONASH UNIVERSITY, PENINSULA CAMPUS YACHT CLUB AND GOLF CLUB CANADIAN BAY CLUB 1KM TOORAK COLLEGE NEPEAN HIGHWAY RANELAGH RANELAGH CLUB 2KM OVERPORT PARK TENNIS CLUB VILLAGE KUNYUNG PRIMARY SCHOOL NORTH PRIMARY SCHOOL MOONDAH SECONDARY COLLEGE 3KM BAXTER PARK PRIMARY SCHOOL ST THOMAS MORE PRIMARY MORNING STAR ESTATE THE PENINSULA SCHOOL 4KM COUNTRY GOLF CLUB UNDERGROUND WINE MAKERS REGIONAL PARK 5KM TOURIST RAILWAY For Sale via International Expressions of Interest closing Wednesday 30th November 2016 at 2pm FOR MORE INFORMATION, PLEASE CONTACT THE SALES AND MARKETING AGENTS: SCOTT ORCHARD BIANCA BUTTERWORTH PAUL TZAMALIS MARK WIZEL *Approximately. Outlines indicative only, ^REIV. The information in this document is general in nature and is a guide only. It does not take into account your individual circumstances. Before acting you should check the accuracy of the information and seek your own independent financial and legal advice. The information must not be relied upon to make any investment decisions. The principal and its agent will not be liable for your failure to verify the information or seek appropriate advice.