123 Mill Street

Mortlake VIC 3272

The land at 123 Mill Street is on two Crown Allotments but is on one overall title.
The land, (using an allowable subdivision term called " boundary realignment") could be further subdivided into two lots which would include a battleaxe driveway on the east side from Mill Street towards the south and therefore the creation of two stand alone building lots of approx 1/2 acre each. One lot would enclose the existing house and rear workshop and the other battleaxe lot would feature magnificent established gum trees, many fruit trees an elevated site with great views, front and rear access, vacant ready for construction.
The significant economic feature of this proposal is that boundary realignments are relatively straight forward with minimal costs, the battleaxe lot would access a new existing water water supply point on Mill Street, power could be provided from the existing pole on the east of the lot, sewer is available at both Mill Street and also in the rear lane and stormwater is available in the open drain in Mill Street and also to the west in the rear laneway. Four small trees would need to be removed to gain driveway access from Mill Street however legal access could also simply be obtained from the rear lane only with no further works required. The proposal would not effect the services provided to the existing house. Historically Moyne Shire do not require road construction costs for such subdivisions but the proposal would be subject to planning approval.
The south lot creation would be a very attractive to a future purchaser as it would provide a very private and secluded block which still have plenty of open space in the residential area. It may also be an very attractive option for someone who wants to place a small unit on the site, eg granny flat or relocatable house and capitalise on the extreme need for rental accommodation in Mortlake over the next few years- $200/week per bedroom suggested rate.
With all of these expensive utilities already available, the added subdivision possibility is a very attractive and rarely found extremely economical option which would provide a significant financial bonus for any purchaser of 123 Mill Street.

There are 3 bedrooms, main with ensuite, along with a 4.5m x 9m shed/ workshop with 450 volt power, phone, and rear tilt door access. All of this is set on a 3600m2 (a tick under an acre) block with rear access in a great part of town.