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55 Armstrong Road

McCrae, VIC 3938, Australia
0 bed 0 bath 0 car3938948m²

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AI Valuation Estimate
$695,600$784,400

Based on recent comparable sales in McCrae

+6.2% suburb growth over 12 months
🏫
8.4/10
Schools
🚇
87/100
Walk Score
📈
+6.2%
Growth
🛡️
9.1/10
Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Flat Blue-Chip Coastal Block with Strong Development Upside (STCA) Prime 948sqm Development Site with Subdivision Potential (STCA) An outstanding opportunity awaits at 55 Armstrong Road, McCrae - a substantial 948sqm (approx.) flat and cleared allotment primed for subdivision and residential development (STCA). With its generous proportions, wide frontage, and highly usable layout, this is the ideal site for developers, builders, or investors seeking their next multi-dwelling project. Whether you're planning a boutique townhouse development or a premium dual-occupancy build, the foundations are already in place for a rewarding outcome. Perfectly positioned in a tightly held coastal pocket, the property combines development flexibility with strong lifestyle appeal - a winning formula for future resale or investment success. Development & Construction Highlights: • 948sqm (approx.) flat, cleared allotment • Wide frontage allowing flexible design outcomes • Ideal for subdivision and multi-townhouse development (STCA) • Potential for 2 or 3 premium residences (STCA) • Excellent site dimensions for efficient building envelopes • Blank canvas with no demolition required • Strong resale appeal in a sought-after coastal market • Attractive opportunity for builders, developers, and land-bank investors Location Advantages: • Less than 3km (approx.) to the beach and foreshore • Positioned in a highly desirable pocket of McCrae • Easy freeway access for seamless city commuting • Close to shops, cafés, schools, and essential amenities • Strong demand for quality new builds in the area Rarely does a development-ready site of this size, flexibility, and location become available. Secure this exceptional parcel and capitalise on the opportunity to deliver a high-quality residential project in one of the Mornington Peninsula's most sought-after coastal communities.

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    AI Neighbourhood Insights

    🏫
    8.4/10
    School Rating
    Top catchment
    🚇
    87/100
    Walk Score
    Very walkable
    📈
    +6.2%
    Capital Growth
    Last 12 months
    🏡
    1.4%
    Vacancy Rate
    Very low
    🛡️
    9.1/10
    Safety Score
    Very safe
    8.8/10
    Lifestyle Score
    Excellent amenities

    Within 5km

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