12 Beatty Parade, Mornington, Vic 3931

TWO HOMES $1,500,000 - $1,650,000

House
Type
6
Bedrooms
3
Bathrooms
5
Parkings
970 m²
Area

Last updated on Friday, June 26, 2026 ( See property details for 12 Beatty Parade, Mornington, Vic 3931)

TWO HOMES $1,500,000 - $1,650,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A unique dual-residence property in central Mornington offering historic charm, modern comfort, and exciting development potential.

🏡 Property Highlights

  • Two separate residences on one allotment offering versatile living options
  • Potential to subdivide both properties (STCA) for future development
  • Approx. 100-year-old character cottage with timeless charm
  • Modern, solid brick home with vaulted ceilings and open-plan living
  • Prime central Mornington location close to beaches, cafes, and shops
  • Established gardens with mature fruit trees providing privacy and beauty

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Ensuite
  • Home Office / Study
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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12 Beatty Parade
Mornington, VIC 3931
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Vertical aerial view — 12 Beatty Parade
12 Beatty Parade — Vertical Aerial  •  Mornington, VIC 3931  •  Nearmap © 2026

Mornington is a vibrant coastal suburb renowned for its stunning beaches, lively cafes, boutique shopping, and a strong sense of community. Its central location offers easy access to the Peninsula’s best amenities, making it ideal for families, investors, and lifestyle seekers. The area boasts a mix of historic charm and modern developments, with excellent schools, parks, and recreational facilities nearby. Mornington’s appeal is further enhanced by its scenic waterfront and vibrant local events, creating a highly desirable and convenient lifestyle hub.

What is the current condition of the historic cottage and the modern residence?
The historic cottage retains its original charm and character, while the modern residence is well-maintained with contemporary finishes and features.
Can the properties be subdivided, and what is the process involved?
Yes, there is potential to subdivide both residences subject to council approval (STCA). The process involves applying for development approval and complying with local planning regulations.
What are the rental income prospects for the property?
The modern residence is currently leased to long-term tenants, providing immediate rental income, with potential for further income from the historic cottage or future subdivision.
Are there any restrictions or covenants on the property?
Any restrictions or covenants would be detailed in the title and planning permits; it is recommended to conduct due diligence with the local council.
What are the zoning details and development opportunities?
The property is zoned for potential subdivision and development, subject to council approval (STCA). It offers scope for renovation, resale, or maximizing rental returns.
Are there any hidden costs associated with subdividing or renovating the property? Has the property been affected by any past flooding or bushfire risks? Are there any easements, covenants, or planning restrictions on the land? What are the council requirements and approval timelines for subdivision? Are there any upcoming developments or planning applications in the area that could impact the property?

12 Beatty Parade, Mornington, Vic 3931 - More Details

TWO HOMES $1,500,000 - $1,650,000

Positioned in an exceptional pocket of Mornington just moments from vibrant cafés, renowned restaurants, boutique shopping and some of the Peninsula's most beautiful beaches, this incredibly unique property offers flexibility, charm and endless lifestyle appeal.

Set amongst beautifully established gardens with mature fruit trees, the property features two completely separate residences, making it ideal for extended families, dual living, investment opportunities or those seeking additional rental income.

The original cottage, believed to be approximately 100 years old, is filled with warmth and character throughout. Rich in charm, it offers three bedrooms, a central bathroom, a spacious kitchen, dining and living area, along with a cosy outdoor entertaining space that perfectly complements the home's inviting atmosphere.

Privately positioned at the rear, the second residence was built more recently and is a solid brick home, with all internal walls also constructed from brick - delivering exceptional durability, insulation and a true sense of quality rarely found in modern builds. Showcasing a stunning light-filled design with soaring vaulted ceilings and open-plan living, the home offers three bedrooms plus a study or optional fourth bedroom, two bathrooms including an ensuite, and a functional modern layout. Currently leased to full-time renters, it also provides immediate income potential.

Adding even further appeal is the future potential of the site, with the opportunity to explore subdividing the two residences (STCA). Whether you choose to renovate and resell, retain both as long-term investments, or maximise rental returns, the flexibility and scope this property offers is incredibly rare in such a tightly held Mornington location.

Whether you are looking for a multi-generational property, a home with passive income, or an exceptionally versatile investment in a blue-chip location, 12 Beatty Parade is a property that truly stands apart.

Features:

Two separate residences on one allotment
Potential to subdivide both properties (STCA)
Opportunity to renovate, resell or maximise rental returns
Approx. 100-year-old character cottage
Rear solid brick home with brick internal walls
Vaulted ceilings and light-filled open-plan living
6 bedrooms plus study / potential 7th bedroom
3 bathrooms including ensuite
Established gardens with fruit trees
Multiple outdoor entertaining areas
Fantastic central Mornington location
Walking distance to cafés, restaurants, shopping and beaches
Rear home currently leased to long-term renters
Type
House
Bedrooms
6
Bathrooms
3
Parkings
5
Area
970 m²
House Size
104 m²

Price guide

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