An elusive opportunity awaits to develop and build in Mount Eliza's prestigious Golden Mile with this time-honoured beachside estate with planning approval to subdivide.
This is a chance to craft a residence of grand proportions on either of the 2035sqm or 2031sqm planning permit approved allotments or retain the substantial, 1-acre allotment (4066sqm approx.) property surrounded by prestige homes.
With Bay Views to be enjoyed from one or both of the allotments, this idyllic location rests midway between Canadian Bay Beach and the Mount Eliza Village shops, in a leafy street leading directly to the shore.
Stroll to the sand in less than 5 minutes; indulge in a spot of boutique shopping or brunch with The Village by foot; and enjoy seaside soirees at the nearby Canadian Bay Yacht Club and the Ranelagh Club.
Both allotments have approved home plans and can be accessed on request.
The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.
Mount Eliza has 7,895 properties. Over the last 5 years, Houses in Mount Eliza have seen a -0.48% decrease in median value, while Units have seen a 17.01% increase. As at 30 June 2026:
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