Mt Martha: Family lists vacant block bigger than a small suburb after 55 years of ownership - realestate.com.au

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Mt Martha: Family lists vacant block bigger than a small suburb after 55 years of ownership - realestate.com.au
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A Mornington Peninsula block big enough to be a small suburb is about to hit the market. And locals are hoping it could help address the “tent city” along a popular foreshore

Previously used for cattle grazing, the 26.4ha plot – which will be sold along with a nearby 2.39ha block, spanning four titles all together- is larger than the suburb of Gardenvale, which is just 16ha in size, and comparable to Ripponlea which covers 29ha.

Records show Mt Martha’s $14m vacant land price record was set by a 1.95ha plot at 180 Bentons Rd in 2018 — a fraction of the size of the soon to be sold larger block. The imminent listing has raised hopes for more homes to help curb the Mornington Peninsula’s homelessness crisis, with the local Shire indicating about 1000 residents are experiencing homelessness.The council is calling on the state government to make it mandatory for all the municipality’s new housing projects to include a percentage of social and affordable properties.

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