84 Two Bays Road, Mount Eliza, VIC, 3930, Australia

Taking in spectacular scenery stretching across the Mornington Peninsula’s hinterland to the waters of Westernport and beautiful Red Hill, this is a rare and incredible chance to build a life of luxury on Mt Eliza’s leafy eastern slopes.

This vacant 1 acre (4309m2 approx) parcel of land offers a building opportunity where absolutely all the hard work has been done including excavation, electricity and water connection and even plans and permits obtained for a substantial hillside home.

New owners may also have the opportunity to subdivide the large allotment (STCA) and sell off half to help fund their new build or land bank for the future, while the wide 35.8 metre front and elevation of 85 and 128 metres above sea level means the spectacular views can never be built out.

Just steps to Mt Eliza Regional Park with its myriad of lovely walking trails, the prestigious neighbourhood enjoys a stunning close encounter with nature and local birdlife, while Mt Eliza’s prestigious Peninsula Grammar, Toorak College and numerous other school as well as village shops, restaurants and beaches are just a short drive.

The approved plans to construct a two-storey home include 6 bedrooms, two living areas opening out to a viewing balcony and a rear deck looking out to rear bushland, a large kitchen with walk-in pantry, a master suite with spectacular views, guest room with ensuite, a study, theatre, lift and double garage.

Alternatively, purchasers could alter the plans or start fresh with their own dream house design.