Just 230 metres from the pristine shores of Port Phillip Bay, this is a rare opportunity to secure a tightly held coastal address in one of Tootgarook's most prized streets. Set on a substantial and level 918m² (approx.) allotment, 18 Laura Street offers outstanding scope in a location where land value and lifestyle take centre stage.

An original dwelling currently occupies the site, presenting options for those with vision. Whether you choose to undertake a significant restoration or pursue a knockdown and rebuild to create a premium single residence (STCA), the true value here lies in the land, the position and the lifestyle it affords.

Should you decide to pursue a brand new build, there are currently plans and permits for an architecturally designed six bedroom, three bathroom home which are available upon request.

Enjoy effortless access to the Tootgarook foreshore, ideal for morning walks, bay swims and relaxed days by the water. Centrally located between Rye and Blairgowrie, the property is moments from village cafés, restaurants, shops and schools, while renowned golf courses, Peninsula Hot Springs and world-class wineries further enhance the appeal.

This is a blue chip coastal holding offering flexibility today and exceptional promise for the future. Opportunities like this, so close to the beach and within such a highly sought after pocket, are increasingly rare.

Secure the address, embrace the location and create something truly special by the bay.

Property Features:

- Blue-chip beachside location just 230 metres (approx.) to the foreshore.

- Generous, level 918m² (approx.) allotment.

- Highly sought after street in a tightly held Tootgarook pocket.

- Original dwelling offering scope for significant renovation or knockdown rebuild (STCA).

- Plans and permits for an architecturally designed six bedroom, three bathroom home available upon request.

- Outstanding opportunity to build a substantial single residence (STCA).

- Just 230*m to the Tootgarook foreshore.

- Close to cafés, restaurants, schools and everyday amenities.

- Moments to golf courses, Peninsula Hot Springs and renowned wineries.

- Premium landholding with strong long-term growth and lifestyle appeal.

* All distances and measurements are approximate only.