18 Dolphin Street, Mount Eliza, Vic 3930

Expressions of Interest $1,450,000 - $1,550,000

Residential Land
Type
1,012 m²
Area

Published on Friday, July 03, 2026 ( See property details for 18 Dolphin Street, Mount Eliza, Vic 3930)

Expressions of Interest $1,450,000 - $1,550,000

Brad Boyd Director / Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 1,012m² beachside property with subdivision potential, existing home, and stunning future bay views in Mount Eliza.

🏡 Property Highlights

  • Generous 1,012m² flat, tree-free parcel of land with subdivision potential (STCA).
  • Prime beachside location just minutes from Mount Eliza's boutique village and Moondah Beach.
  • Existing two-bedroom brick veneer home with charming original floorboards and modern amenities.
  • Potential to capture picturesque bay views from the property.
  • Two crossovers providing flexible access options for future development or subdivision.
  • Excellent land banking opportunity with current rental income of $1,977 pcm.

✨ Key Features

  • Subdivision potential (STCA)
  • Two large sheds
  • Ducted heating & air-conditioning
  • Single carport
  • Modern central bathroom
  • Living area, kitchen & sunroom
  • Brick veneer home with original floorboards
  • Flat allotment with potential bay views
  • Two crossovers
  • Tree-free block

Mount Eliza is a highly sought-after coastal suburb renowned for its stunning beaches, boutique shopping, and quality schools. The area offers a relaxed lifestyle with scenic bay views, excellent recreational facilities, and convenient access to Melbourne. Its premium location makes it ideal for families, investors, and those seeking a peaceful yet vibrant community.

Can I build a new home or subdivide this property?
Yes, the property has subdivision potential (STCA) and offers a prime site for building your dream home or developing multiple dwellings, subject to council approval.
What are the current rental income details?
The property is currently returning $1,977 per calendar month on a month-to-month basis, providing an excellent land banking opportunity.
Are there any restrictions or covenants on the land?
Any restrictions or covenants would be subject to local council regulations and should be verified through due diligence with the relevant authorities.
What is the condition of the existing home?
The existing brick veneer home features charming original floorboards, a modern bathroom, and a comfortable living area, making it suitable for rental or renovation.
Is there potential for future bay views?
Yes, the flat, tree-free allotment offers potential to capture picturesque bay views, subject to building design and planning approvals.
Are there any planning or zoning restrictions that could affect subdivision or development plans? What are the total costs involved in obtaining council approval for subdivision (STCA)? Are there any easements, covenants, or restrictions on the property that could impact future use? Has the property been affected by any flooding or bushfire risks? Are there any upcoming development or construction projects nearby that could impact the property’s value or lifestyle?

18 Dolphin Street, Mount Eliza, Vic 3930 - More Details

Expressions of Interest $1,450,000 - $1,550,000

Type
Residential Land
Area
1,012 m²

Price guide

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