Prime Development Opportunity to Build 1, 2 or 3 Dwellings (STCA)
187 Newcombe Street, Portarlington
Positioned in one of the Bellarine Peninsula’s most sought-after coastal townships, this substantial 874m² property presents an outstanding opportunity for homeowners, investors or developers seeking a prime site just moments from the water’s edge.
Set on a generous allotment with dual street access via two separate driveways (each over 4 metres wide), the existing brick veneer residence offers comfortable living today while delivering exceptional future potential.
Inside, the home features a practical kitchen complete with gas cooktop, ample bench space and extensive cupboard storage. The layout includes gas heating, a bathroom with separate bath and shower, and roller shutters fitted to all major windows for added privacy and comfort. Vehicle and storage needs are well catered for with a double garage plus two large storage sheds.
However, the true appeal lies in the size, configuration and development flexibility of the land. With approximately 874m² available, the property provides exciting scope to redevelop or expand (STCA). Buyers may choose to retain the existing home at the front and construct one or two additional units at the rear or consider a full redevelopment with the potential to build up to three new homes on the site, subject to council approval.
Located only around 500 metres from the sparkling waters of Port Phillip Bay and less than 1 kilometre from the vibrant Portarlington town centre, the lifestyle on offer here is exceptional. Portarlington is a charming coastal township on the Bellarine Peninsula known for its beautiful foreshore, fishing, boating and relaxed seaside atmosphere. The town enjoys sweeping bay views toward Melbourne and the You Yangs, with vineyards, cafés and restaurants nearby.
Residents benefit from easy access to the Portarlington Pier and harbour, safe swimming beaches and a regular passenger ferry service connecting Portarlington directly to
Melbourne’s Docklands in around 70 minutes, making it an increasingly attractive location for both lifestyle buyers and commuters.
With the Bellarine Peninsula continuing to experience strong growth and development, opportunities to secure large blocks close to the water and main street are becoming increasingly rare.
Key features:
· 874m² allotment with excellent redevelopment potential (STCA)
· Great condition, existing brick veneer home
· Double car garage plus two large storage sheds
· Two separate driveways, each over 4 metres wide
· Kitchen with gas cooktop, ample bench and cupboard space
· Gas heating throughout the home
· Bathroom with separate bath and shower
· Roller shutters
· Approximately 500 metres to the Port Phillip Bay foreshore
· Less than 1km to Portarlington’s main street shops, cafés and services
Whether you are looking to keep an existing investment property, landbank, renovate, develop or build something entirely new, this outstanding Portarlington property offers location, land size and flexibility in equal measure.
Call or text Lee Botsios 0438 533 066 or email lee@rtedgarbellarine.com.au to book your inspection today.












