96-98 Cutty Sark Road, Coronet Bay, Vic 3984

$750,000 to $775,000

Residential Land
Type
1,056 m²
Area

Published on Monday, May 11, 2026 ( See property details for 96-98 Cutty Sark Road, Coronet Bay, Vic 3984)

$750,000 to $775,000

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

A rare coastal development opportunity on a large corner allotment with stunning water views in Coronet Bay, perfect for building your dream home or investment project.

🏡 Property Highlights

  • Substantial coastal land parcel of approximately 1,056 m² with water views
  • Rare opportunity to develop multiple dwellings or subdivide into two allotments
  • Prime corner allotment in a growing coastal community
  • Located just 80 metres from the water’s edge with unobstructed water views
  • Excellent convenience with proximity to General Store, Pharmacy, and bus stop
  • Within 25 minutes of major shopping centres, Phillip Island, and surf beaches

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area
  • Balcony
  • Secure Parking
  • Pet-Friendly
  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Low-Maintenance Yard

Coronet Bay offers a peaceful coastal lifestyle with stunning water views and a close-knit community. Key points include: proximity to the foreshore, convenient access to amenities like the General Store and Pharmacy, easy commuting via nearby highway, a growing coastal environment, and a relaxed, scenic setting ideal for lifestyle and investment.

What are the development possibilities for this land?
The property offers potential for multiple dwellings, subdivision into two allotments, or building a single coastal residence, subject to council approval.
Is the land suitable for building a permanent residence?
Yes, the large allotment and water views make it ideal for constructing a permanent coastal home, with potential for future development.
What amenities are nearby?
The property is conveniently located opposite the General Store and Pharmacy, with a bus stop nearby, and is within 25 minutes of major shopping centres, Phillip Island, and surf beaches.
Are there any restrictions or covenants on the land?
Potential buyers should review local council regulations and zoning restrictions to confirm development options and any covenants.
What is the access to the property like?
The property is situated on a prime corner allotment with easy access via nearby roads, and is just 80 metres from the water’s edge.
Are there any existing easements, covenants, or zoning restrictions that could affect development plans? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known flood or bushfire risks associated with this coastal location? What are the council requirements and approval processes for subdivision or development? Are there any planned infrastructure projects or nearby construction that could impact the property’s value or enjoyment? Is there any history of land contamination or environmental issues on the site? What are the ongoing costs or rates associated with owning this land? Are there any restrictions on building height or design due to coastal regulations? Is the land title clear of any encumbrances or legal issues? What are the future zoning plans for this area that could influence development potential?

96-98 Cutty Sark Road, Coronet Bay, Vic 3984 - More Details

$750,000 to $775,000

Type
Residential Land
Area
1,056 m²

Price guide

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