Potential

2 Marine Dr, Safety Beach

by Dean Berman
28.1.2019

An interesting R3 zoned site which just sold in Victoria set on 996m2 of land.

Advertised as potential STCA for 2 lot subdivision or unit development.

Originally purchased for $38,500 in February 1981.

Sold for $1,425,000 by Jarrod Eastwood and Adam Alexander of hockingstuart.

I like the potential of the site and zoning.

A good comparable in my opinion – 112 Marine Dr – May 2018 – SOLD – $1,400,000
A nearby apartment project – 102/277 Nepean Point Rd – September 2018 – SOLD – $715,000
A nearby townhouse project – 4/41 Marine Dr – October 2018 – SOLD – $1,050,000
A nearby large house – 48 Marine Dr – September 2018 – SOLD – $2,350,000
See more of my buying inspirations
28.1.2019
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