247 Coolart Road, Tyabb, Vic 3913

An unprecedented holding of approximately 150 acres in the centre of the Mornington Peninsula, “Eldon Park” presents a once-in-a-generation opportunity to acquire five separately titled parcels in one of Victoria’s most sought-after rural corridors. With extensive infrastructure for equestrian, agricultural or future development pursuits and sweeping outlooks toward Western Port Bay, the scope here is monumental.
Long regarded as a thoroughbred training destination, Eldon Park’s equine facilities are accessed via Graydens Road and include an arena, stables, fenced paddocks, plentiful water supply and wide access for machinery and trucks. Equally suited to livestock operations or long-term investment, the allotments are primed for agistment, leasing, or potential subdivision (STCA), with Peninsula Link providing direct access to Melbourne and nearby beaches, wineries and restaurants reinforcing the site’s lifestyle and commercial drawcard.
Five residences plus a cottage span the site, each liveable, well-presented and positioned for privacy across three street frontages, including Coolart Road, Dodson Court and Graydens Road. These include a three-bedroom solid-brick home with a tennis court and pool and four more homes ranging from three to five bedrooms, all with picturesque surroundings. Whether viewed through the lens of growth, immediate income, or generational acquisition, few properties offer the breadth, flexibility and rare Peninsula positioning of Eldon Park.