84 Two Bays Road, Mount Eliza, Vic 3930

$590,000 - $649,000

Residential Land
Type
4,046.86 m²
Area

Published on Tuesday, June 23, 2026 ( See property details for 84 Two Bays Road, Mount Eliza, Vic 3930)

$590,000 - $649,000

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

An exceptional 1-acre parcel of residential land in Mount Eliza offering breathtaking views, approved plans for a luxurious hillside residence, and potential for subdivision, all in a tranquil yet convenient location.

🏡 Property Highlights

  • Sweeping panoramic views across the Mornington Peninsula hinterland to Western Port
  • Substantial groundwork completed with excavation and utility connections
  • Approved plans for a luxurious hillside residence with six bedrooms and multiple living areas
  • Potential for subdivision (STCA), offering investment flexibility
  • Elevated position between 85m and 128m above sea level ensuring uninterrupted views
  • Prime location near Mt Eliza Regional Park, reserves, beaches, and prestigious schools

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Home Office / Study
  • Balcony
  • Ensuite
  • Built-in Robes
  • Open-Plan Living
  • External Storage (Shed/Linen)
  • Security Screens / Gates
  • NBN / High-Speed Ready

Mount Eliza is a highly sought-after coastal suburb renowned for its stunning natural beauty, prestigious schools, and relaxed lifestyle. Key points include: proximity to pristine beaches, lush reserves and walking trails, excellent local amenities, a strong community atmosphere, and breathtaking hinterland views. This location offers the perfect balance of tranquility and convenience for families and investors alike.

What are the future development possibilities for this land?
The land has approved plans for a substantial hillside residence and may also present potential for subdivision (STCA), offering flexibility for development or investment purposes.
Are utility connections already established?
Yes, the site has existing connections to electricity and water, with substantial groundwork completed including excavation.
Can the design of the residence be customised?
Yes, buyers have the option to refine the approved plans or create a bespoke architectural design to maximise the site's potential.
What are the key features of the approved residence plans?
The plans include a six-bedroom, two-storey home with multiple living areas, a viewing balcony, rear deck, gourmet kitchen, master suite with panoramic views, guest accommodation with ensuite, study, theatre, lift, and double garage.
What is the zoning and subdivision potential?
The property’s zoning allows for potential subdivision (STCA), providing opportunities for long-term investment or development.
Are there any restrictions or easements that could affect future development or subdivision plans? What are the costs associated with maintaining the land, including council rates and potential strata fees? Are there any known issues with the land, such as drainage, soil stability, or bushfire risk? Has the property been surveyed recently, and are there any boundary disputes? Are there any upcoming planning or zoning changes in the area that could impact the property’s value or development potential?

84 Two Bays Road, Mount Eliza, Vic 3930 - More Details

$590,000 - $649,000

Type
Residential Land
Area
4,046.86 m²

Price guide

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