Our Crib Point Of View: Soaring Regional ROI.
POINT OF INTEREST:
A significant land-holding opportunity amongst a green and coastal area, encouraging you to see the forest through the trees. This 13 hectares* of land is ideal for a number of different uses. There’s the land banker looking for an asset with future growth in capital value, the owner occupier with their sights set on developing the site for their own use, or the developer that sees this hectarage as the ideal site for immediate development, or to hold onto for valuable future rezoning and then expansion ( STCA ). Regardless of what camp you fall into, the present and projected value of 51 Woolleys Road is undeniably a portfolio headliner.
The recent soaring popularity of the peninsula has put a spotlight on neighbouring suburbs, such as Balnarring, Somerville, Somers, and Stony Point. Not just a hotspot for extended weekends away and Airbnb’s, they’re also becoming strong contenders for second-home settings and permanent relocation options. As for Crib Point, commuting is straightforward thanks to Stony Point Road, and heading east on Woolleys Road indicates a deliberate decision to either arrive here, or to continue along the esplanade. Along with explicit signage opportunities positioned on Woolleys Road, future residents, customers, or diners will be able to find it simply without Google Maps. Your ambitions will match the Mornington Peninsula Shire’s, with significant strategic planning and projects in the pipeline to bolster the town’s biodiversity and solidify the integrity of the small-town feel.
Taking the M1 from Melbourne's CBD will get you here in just over an hour, a quicker commute than taking the 19 tram through Coburg in the morning. You’re also 1.65 km* from Frankston-Flinders Road and Bittern railway station — servicing the Stony Point train line.
- 13 ha* total land area.
- Special use 1 zoning.
- Suitable for future industrial development / land sub division (STCA).
- 670 m* from Stony Point Road.
- 2.1 km* from Hasting Port.
- 1.65 km* to Stony Point railway station.
- 61 km* from Melbourne CBD.
- 422 metres* of frontage
POINT OF VIEW:
From 2016 to 2021, the population in Crib Point increased by 10.6%. The return on your investment is harder to calculate to the decimal, it relies on an ambitious vision divided by astute experience. Times this by 13 ha* and the value of this asset will continue to rise like the population.
*Approx.
Pricing excludes GST