2 Eddystone Street, McCrae, Vic 3938

$1,750,000-$1,900,000

House
Type
6
Bedrooms
1
Bathrooms
1,485 m²
Area

Last updated on Saturday, June 06, 2026 ( See property details for 2 Eddystone Street, McCrae, Vic 3938)

$1,750,000-$1,900,000

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

A charming mid-century beach house on a spacious 1,485 sqm coastal allotment with outstanding development potential in McCrae.

🏡 Property Highlights

  • Large 1,485 m² level coastal land with exceptional future development potential
  • Prime location just metres from the foreshore, McCrae Lighthouse, and local amenities
  • Original mid-century beach house with nostalgic charm and character features
  • Expansive flat allotment suitable for a variety of development options (STCA)
  • Additional structures including an outhouse with kitchenette and a caravan with annex
  • Close proximity to gourmet eateries, shopping precincts, and the beach

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Ceiling Fans
  • Open Fireplace
  • High Ceilings
  • Bay Windows
  • Sash Windows
  • Waterfront / Views
  • Outdoor Area
  • Extra Storage (Shed/Linen)

McCrae is a highly sought-after coastal suburb renowned for its stunning beaches, historic landmarks like the McCrae Lighthouse, and vibrant local dining and shopping options. The area offers a relaxed seaside lifestyle with easy access to nature reserves and recreational activities. Its tightly held community and proximity to Melbourne make it an ideal location for both lifestyle and investment. The suburb features a mix of historic homes and modern developments, all within a picturesque coastal setting.

What is the condition of the existing home and structures?
The main residence is a well-maintained mid-century beach house with classic features, while the additional structures, including the outhouse and caravan, require renovation and refurbishment.
What development options are available for the large allotment?
Subject to council approval (STCA), the expansive flat land offers potential for retaining the existing home, building a new family residence, or subdividing into multiple townhouses.
Are there any restrictions or covenants on the property?
Potential buyers should verify with local council regarding zoning, easements, and any covenants that may affect development or usage plans.
Is the property suitable for holiday or permanent living?
The property’s prime coastal location and spacious layout make it suitable for both permanent residence and holiday retreat, offering flexibility for lifestyle choices.
What are the nearby amenities and attractions?
The property is just metres from the foreshore, McCrae Lighthouse, local cafes, restaurants, shopping precincts, and recreational facilities, providing a vibrant coastal lifestyle.
Are there any existing planning restrictions or zoning regulations that could impact future development or subdivision? What are the potential costs involved in renovating or upgrading the additional structures? Are there any easements, covenants, or encumbrances on the property that could affect its use? Has the property been assessed for flood or bushfire risks? Are there any nearby construction or development plans that could impact the property’s value or lifestyle?

2 Eddystone Street, McCrae, Vic 3938 - More Details

$1,750,000-$1,900,000

Type
House
Bedrooms
6
Bathrooms
1
Area
1,485 m²

Price guide

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