2 Albany Way, MORNINGTON

Expressions of Interest - Closing 5:00PM on the 6th of June Take your marks, get set and be the next developer to put Mornington on the map at this rare and incredible subdivision opportunity beside Mornington’s beautiful racecourse precinct. Among an estate of small acreages earmarked for future rezoning to allow for medium density subdivision, this 2.5 acre (approx.) property presents a hot buying opportunity with exciting value moments from the heart of this vibrant seaside town and its beaches, allowing up to 19 flat allotments with a central roadway. One of a group of properties that will comes under the future medium density zone, the area is set to thrive as an estate of new lifestyle homes beautifully positioned to lap up all the joys of seaside living just minutes to the top of Main St, civic reserve, shopping centres and walking distance to St Macartans Primary School. Set beside the immaculate Eden Park residential estate with its wetland reserve and playground, the rezoning would also be ideal for development of a luxury retirement village moments from shops and services. With the option of keeping the existing home as is or subdividing its surrounding paddocks (STCA), the four-bedroom home on the site enchants with exquisite finishes, a choice of three stylish living areas and a quality timber kitchen with stone counters and walk-in pantry. A covered alfresco entertaining area offers a lovely setting beside the inground pool, including an outdoor fireplace, a sundeck for alfresco dining with an outdoor drinks bar and pizza oven, while a firepit zone and a swimspa provides privacy among the gardens. With a second access off Woodbyne Cres, the property also includes a fruit and vegetable garden, large 7.5x18m workshed and a garden studio. Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au Features: • 2.5 acres with rare future subdivision potential • Earmarked for medium density residential zoning • Plans for 19 new allotments among new residential precinct • Precinct also ideal for new retirement village (STCA) • Scope to showcase exceptional design • Minutes to Main St shops • Close to beaches, golf courses and wineries • Second access off Woodbyne Cres • Option to retain existing home on the site • Home includes 3 living areas • Inground pool, swimspa & extensive alfresco area • Large 7.3x18m workshed • Garden studio or home office