Real Estate

suburb’s luxury homes set to rival Portsea

Written by The ReReport
As seen in the Source link, written by on 2021-04-29 07:25:32

Cape Schanck is tipped to become “as exclusive as Portsea”, with a series of multimillion-dollar properties set to change hands in the serene Mornington Peninsula suburb.

A house hidden in a prestigious gated community amid the National Golf Club has made a particular splash on the market, with what would be record-breaking $7m-$7.7m price expectations.

The impressive four-bedroom entertainer at 6 Munn Court features a gym, a wine cellar, an alfresco zone, a pool and a fire pit.

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If the property achieves its premium asking price, CoreLogic records suggest it will achieve the suburb’s highest reported residential sale, eclipsing the 2016 sale of nearby 9 National Drive for $5.3m.

But Black Fox Real Estate Mount Eliza’s Robbie Emond said a number of off-market deals within the National Golf Club Estate that would soar above $10m were in the works.

“Cape Schanck has been a hidden gem for a long time, but it’s attracting a lot of wealthy people from Melbourne,” Mr Emond said.

“Since the RACV built the Cape Schanck Resort, it’s been booked out every weekend and it’s really put (Cape Schanck) on the map.”

“It’ll be as exclusive as Portsea soon.”


He said rich listers were attracted to the area’s privacy, as a “quieter alternative to Portsea”.

“The views feel like you’re in your own little resort, and it’s more surrounded in nature,” Mr Emond said.

“And the national golf course is one of the best in the world. There are always helicopters as people fly in just to come play.”

The Munn Court property was one of only 18 homes in the National Golf Club Estate.

Views of the neighbouring golf course’s perfect green and the sparkling bay were available from the luxury home’s wall-to-wall windows.

The sleek design also includes a kitchen with Miele appliances, plus a gas-log fire and a wet bar in the living room.

Mr Emond said the home had been the vendor’s family holiday home for several years.

“They have been able to entertain people without any neighbours. There are tennis courts nearby, and they just hop on the golf buggies and go directly to the golf course,” he added.

He said off-market real estate sales in Cape Schanck had become more frequent as “the elite (buyers) want to keep things private”.

“Often it only takes a couple of phone calls to sell them,” Mr Emond noted.

The property home is for private sale.

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