136, 136a and 136b Coolart Road.
Step into the captivating realm of Lorella Park, a stunning property with three legal dwellings that represents an extraordinary opportunity to own a piece of prime Mornington Peninsula Real Estate in the heart of Tuerong.
The estate spans some 33 acres of gently undulating land with an outlook towards Westernport Bay from the East. The potential Equestrian Estate with luxe living, Airbnb income & agistment opportunities.
The first residence, a fully renovated four-bedroom home has multiple internal and external living areas with spectacular views across Westernport Bay. Gas ducted heating along with two further split systems and a combustion wood heater. The huge master bedroom offers a private sanctuary to the rest of the house with modern ensuite and double walk-through wardrobe.
At the rear of the property, cited on the edge of a stunning bushland reserve is the third residence. Here you will find another substantial four-bedroom home, comprising two further bathrooms, study and multiple living zones. Verandas around the home and a tranquil outlook to the mature gardens create a relaxed atmosphere throughout the home.
The third residence, an original two-bedroom farmhouse siting adjacent to the stables. Making it possible to have three dwellings on the property, rebuild/renovate this property (STCA) with potential bay views from a second story.
Equestrian & agistment potential:
- Newly built 60m x 20m arena - a standout feature for riders with the bonus of water views whilst riding.
- Brand-new internal stables, steel tie-ups & wash bay for professional or pleasure use.
- 8-10 well-fenced paddocks, with ample space to expand, making it ideal for a future agistment center to generate additional income.
- Safe secure float/truck parking.
Additional features:
- Four large chicken sheds with huge shedding potential for various commercial pursuits.
- Three-phase power & mains water to support multiple business opportunities.
- A long tree-lined driveway ensuring privacy and a grand entrance with 2 secure coded gates.
Conveniently located just 10/15 minutes from the charming towns of Mornington and Balnarring and 60 minutes from Melbourne central. Enjoy local beaches, reserves, or explore nearby wineries and golf courses.
This property offers an unparalleled lifestyle and investment opportunity, with the flexibility to cater to multiple families, equestrian enthusiasts, and business-minded buyers. Whether you're dreaming of a private retreat, an Airbnb empire or your very own "Boneo Park".
The size of Tuerong is approximately 38.8 square kilometres. It has 2 parks covering nearly 1.6% of total area. The population of Tuerong in 2016 was 354 people. By 2021 the population was 357 showing a population growth of 0.8% in the area during that time. The predominant age group in Tuerong is 60-69 years. Households in Tuerong are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Tuerong work in a managers occupation.In 2021, 90.30% of the homes in Tuerong were owner-occupied compared with 72.20% in 2016.
Tuerong has 185 properties. Over the last 5 years, Houses in Tuerong have seen a -11.40% decrease in median value. As at 30 November 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.