Positioned in one of San Remo's most prestigious waterfront locations, 125 Marine Parade presents a rare opportunity to secure a substantial approx. 1,374sqm allotment with unrivalled development potential.
Zoned Commercial 1, this premium site offers exceptional scope for developers and investors. A building permit issued in 2025 allows for a mixed-use project comprising two ground-floor retail shops, 14 apartments, and dedicated car parking.
Commanding uninterrupted views across Western Port Bay, this allotment represents one of the last chances to deliver a major project in San Remo's tightly held foreshore precinct.
Key Highlights:
- Substantial allotment of approx. 1,374sqm with rear lane access
- Prime foreshore position with panoramic bay views
- Zoned Commercial 1 – offering flexibility for future development (STCA)
- Current 2025 building permit for two retail shops, four apartments, and carpark
- Located in the heart of San Remo with surrounding cafés, shops, and heavy foot traffic
- Rare opportunity to create a landmark development in a high-growth coastal hub
With steady tourism, ongoing regional growth, and increasing demand for mixed-use projects, 125 Marine Parade presents a solid opportunity to develop a well-located site on the Bass Coast.
The size of San Remo is approximately 15.3 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of San Remo in 2016 was 1254 people. By 2021 the population was 1700 showing a population growth of 35.6% in the area during that time. The predominant age group in San Remo is 60-69 years. Households in San Remo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in San Remo work in a professional occupation.In 2021, 73.70% of the homes in San Remo were owner-occupied compared with 68.70% in 2016.
San Remo has 2,174 properties. Over the last 5 years, Houses in San Remo have seen a 37.91% increase in median value, while Units have seen a 19.17% increase. As at 31 October 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.