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Stonebridge Property Group - Melbourne

162-200 Mitchell Street Portarlington, VIC 3223

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162-200 Mitchell Street,
Portarlington, VIC 3223

Development Sites & Land • Commercial Farming & Rural

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Stonebridge Property Group - Melbourne
Dylan Kilner
Chao Zhang 张超

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
Stonebridge Property Group - Melbourne
162-200 Mitchell Street
Portarlington, VIC 3223

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7.7 ha* Prime Bellarine Peninsula Coastal Landholding

  • Only 400 m* from Foreshore
  • 53%^ Median House Price Increase
  • Bay Views from Level 2 Height
Stonebridge Property Group and Neville Richards is pleased to present 162-200 Mitchell Street, Portarlington, a landmark coastal landholding. Rarely do such magnificent assets present themselves and even fewer offer such scale in the fastest growing suburb on the booming Bellarine Peninsula. Portarlington has seen 53%^ growth in median house price over the last 12 months.

DESCRIPTION:
The level 77,000 sqm* landholding is positioned only 400 m* from the sought-after Portarlington foreshore. Situated on 2 titles, the property offers multiple future use outcomes including lifestyle, home construction and accommodation business development (STCA).

LOCATION:
Located in Portarlington on the Bellarine Peninsula, the property enjoys close proximity to local wineries, restaurants and producers scattered across the coast. These include award winning establishments, such as Jack Rabbit Vineyard (10 mins*), Bellarine Estate (10 mins*) & Scotchmans Hill (10 mins*). Due to the strong demand for housing Portarlington has witnessed 240 acres of land rezoned to residential in the last 6 years.


Bellarine Peninsula Portfolio:

This property forms 1 of 2 landholdings within the Bellarine Peninsula Portfolio which Stonebridge Property Group have been appointed as sale and marketing agents. The properties are for sale separately, in-one-line or in any combination. Suburb locations are Portarlington (above) and St Leonards.

For any questions on this property please contact the sales and marketing agents.


Stonebridge Property Group:

Chao Zhang
0411 625 0...

Dylan Kilner
0459 396 3...


Neville Richards:

Luke Campbell
0409 554 9...


*Approximately
^Source: REIV

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Portarlington, 3223 demographic data

The median household income for Portarlington is $1,064, 23% lower than Regional Victoria's household income of $1,386. Portarlington has an older age profile compared to the rest of Regional Victoria (median age 62 vs 43). Property ownership data shows 26% of property owners in Portarlington have a mortgage.

4,436
Population
$1,064 per week
Median household income
62 years
Median age
Owners
Most residents
Families
Most households

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