EOI: Rare 20-Hectare Victorian Estate With Golf Development Opportunity

POSTED ON February 2, 2026 @ 4:29 pm

Rare 20-Hectare (50-Acre) Property near Balnarring Village & Coolart Wetlands

This is a truly unique opportunity to secure a highly sought-after lifestyle property on the beautiful Mornington Peninsula. Offering 20ha (approx.) of lush, unspoiled pasture, this property provides the renowned Peninsula lifestyle—and an exceptional commercial upside.

A Lifestyle Redefined

The property boasts 20ha of prime land along the Tulum Creek wildlife corridor, free of internal fencing, presenting a blank canvas for:

Investment & Strategic Benefits

Tax Efficiency: Benefit from zero land tax under the current holding structure.
High-Yield Potential: Offers significantly higher income through the approved driving range compared to traditional grazing or agistment.
Migration Opportunity: The development potential may assist in meeting specific business migration criteria.
Flexible Management: Ability to occupy the residence while leasing out the driving range operations, or vice versa.

Land & Lifestyle Features Foreign Investment Friendly:

Classified as agricultural land, meaning no FIRB approval is required for international buyers. *(Some requirements may still apply)
Strategic Land Banking: Secure a prime 20ha land holding with commercial upside while the property value appreciates.
Agricultural Versatility: Ideal for high-quality grazing, livestock, or custom-designed equine facilities.
Secluded Sanctuary: A private, serene escape located just one hour from the city, offering a perfect balance of seclusion and accessibility.
Dual-Purpose Residence: A fully renovated home suitable as a permanent family residence or a premium holiday rental.

Development Approval for Upside

Embrace the unconventional! A portion of the property carries existing Planning Approval for the construction of a 16-Bay Golf Driving Range and associated hospitality/service facilities. This offers a rare, income-generating opportunity within the Green Wedge Zone.

Impressive Renovated Home & Vistas

Move straight into the fully renovated, rendered brick residence (approx. 22sq):

4 Bedrooms: Main with ensuite and WIR.
North-Facing Living: Open-plan designer kitchen, dining, and lounge accessing an expansive Merbau deck.
Premium Features: Double-glazed windows/doors, ducted reverse-cycle heating/cooling, wood heater, Tassie Oak floors, and a modern, all-electric kitchen.
Garaging: Adjoining 2 x double garages with auto doors.

Stunning Grounds & Infrastructure

The grounds are a feature in themselves, with a substantial 8 mega litre lake (with footbridge to an island and a boat jetty), a small orchard, and extensive native plantings. Key infrastructure includes:

Water Security: Mains water, a 60m bore, and 2 x concrete tanks (approx. 80,000L).
Power: New 8.5Kw solar installation (battery-ready).
Shedding: Three substantial sheds (18m x 7m lined, 20m x 6m machinery, 18m x 6m hay) plus a Potters shed/hot house.
Access: Extensive internal road access (600m total all-weather road) to shedding and main paddocks.

Prime Location

Perfectly positioned:

Opposite Coolart Wetlands (2km level walk with beach access).
A 15-minute level walk to Balnarring Village via shared bikepath/footpath.
Close proximity to local beaches and bus transport.

EXPRESSIONS OF INTEREST ARE INVITED

Don’t miss this chance to secure a property that offers both a magnificent lifestyle and significant future potential.

Contact Owner for more information: Michael Kazacos on 0422 608 801 or email MichaelKazacos54@gmail.com.

Full list of information available on the Real Estate website.

Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.