390A The Esplanade, St Leonards, VIC 3223 | Commercial for sale | OnTheHouse
 
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390A The Esplanade
St Leonards VIC 3223

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Land area: 38.79ac
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38.8 Acres Eco-Tourism / Tourist Resort Development Opportunity In St Leonards (STCA)

Raine & Horne Land Victoria proudly presents an exceptional coastal landholding of 38.8 acres positioned on the stunning Bellarine Peninsula and forming part of the St Leonards Structure Plan study area, this unique waterfront property offers an outstanding opportunity for eco-tourism, tourist accommodation or a luxury lifestyle retreat (STCA). Boasting elevated topography at the northern end of the site with uninterrupted views across Port Phillip Bay and St Leonards, the property combines scale, location and future potential in one of Victoria's most sought-after coastal destinations.
Surrounded by renowned wineries, restaurants and tourism attractions, this remarkable landholding is ideally placed to capitalise on the growing Bellarine Peninsula tourism market. The property enjoys frontage to the highly sought-after St Leonards foreshore and benefits from calm coastal waters protected from the bay's prevailing south-west winds. With an existing dwelling on site and significant future development potential, this is a rare opportunity to secure one of the Bellarine Peninsula's most strategic coastal holdings.
Property Features:
• Approx. 38.8 Acres (15.7 hectares) of prime coastal land
• Positioned within the St Leonards Structure Plan study area
• Concept Plans for 56 self-contained cabins/villas (STCA)
• Exceptional Eco-Tourism / Tourist Resort Development Opportunity (STCA)
• Frontage to the highly sought-after St Leonards foreshore
• Elevated northern section with uninterrupted views across Port Phillip Bay
• Potential for tourism accommodation, lifestyle retreat or resort development (STCA)
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Property Details for 390a The Esplanade, St Leonards

Building Type
Commercial
Land Size
38.79ac
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About St Leonards 3223

The size of St Leonards is approximately 28.5 square kilometres. There are 13 parks, covering nearly 9.9% of the total area. The population of St Leonards in 2016 was 2480 people. By 2021 the population was 3542 showing a population growth of 42.8% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 73.30% of the homes in St Leonards were owner-occupied compared with 71.60% in 2016.

St Leonards has 5,628 properties. Over the last 5 years, Houses in St Leonards have seen a 13.09% increase in median value, while Units have seen a -3.43% decrease. As at 31 May 2026:

  • The median value for Houses in St Leonards is $791,410 while the median value for Units is $513,583.
  • Houses have a median rent of $530 while Units have a median rent of $430.
There are currently 42 properties listed for sale, and 3 properties listed for rent in St leonards on OnTheHouse. According to Cotality's data, 238 properties were sold in the past 12 months in St leonards.

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Kevin Paghdar
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Rizul Sharma
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Raine & Horne Land Victoria
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