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AUD$24,300 / Pot
60 Patterson road, Boneo, VIC 3939
60 Patterson road, Boneo, VIC 3939
60 Patterson road, Boneo, VIC 3939
60 Patterson road, Boneo, VIC 3939
60 Patterson road, Boneo, VIC 3939
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60 Patterson road

Boneo, VIC 3939

  • 404,600㎡
AUD$24,300 / Pot

This pot price has been calculated based on the property's acquisition price, including costs such as stamp duty, holding costs, finance costs, subdivision costs, permit and development approval costs, property development costs, legals costs, land transfer and contingencies.

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DETAILS

Type: land
Area: 404,600 ㎡

DESCRIPTION

100-Acre Future Holiday Village in Boneo
Boneo is a rural locality on the Mornington Peninsula in Melbourne, Victoria, Australia, approximately 65 km south of Melbourne's Central Business District, located within the Shire of Mornington Peninsula local government area. This 41-hectare Boneo super site is an extremely rare find not only in Boneo, but also in the southern region of Victoria, particularly over the COVID-affected period the land price has soared.

Investment highlights include:

- an extreme rare parcel of approximately 100 acres (410,000 sqm) prime real estate on the Mornington Peninsula
- currently proposing a 48-villa resort/holiday village with an anticipated end value of $87.6 million
- site has horse riding infrastructure, natural flora and fauna, access to nearby golf and hot spring facilities nearby
- surrounded by RACV Cape Schanck Resort, Peppers Moonah Links Resort, all charging $1,000+ per night
- anticipated strong cashflow returns in the future
- Mornington median house price soared by 31.1% from 2020 to 2021, and by 145% in a decade"
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