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Unique land banking opportunity at Port

April 21, 2023 BY

162-180 Mitchell Street Portarlington boasts a significant bayside land holding.

Land is the key when it comes to investing as it’s the land itself that appreciates in value, not necessarily what’s on it.

Portarlington is being watched very carefully by investors and land bankers as the town has been one of the most exceptional performers on the Bellarine.

They are sure to sit up and take notice of Neville Richards’ recent listing comprising a touch over 10 acres one block back from the beach.

Boasting a significant bayside land holding, 162-180 Mitchell Street, Portarlington is an exceptional rural property located about 350 meters away from the sparkling waters of Port Phillip Bay.

An ideal land-banking opportunity, the property offers a unique lifestyle and stunning views of the bay.

Neville Richards director Luke Campbell said this rare offering located so close to Port Phillip Bay had genuine views of the bay and was an interesting land-banking opportunity.

“This is not something you see every day, an acreage property in one of the Bellarine’s most popular destinations and so close to the water,” Mr Campbell said.

“[It’s] a real blank canvas to land bank for the future.”

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, Bellarine Estate and Scotchmans Hill, all within 10 minutes.

To be sold by expressions of interest closing May 19, for more information phone Luke Campbell on 0409 554 949.