Council offloads central Baxter townhouse block

Nine per cent of Baxter is within Melbourne’s Urban Growth Boundary.

Mornington Peninsula Shire Council has sold an acre of land adjacent to the Baxter train station, just past Melbourne’s southern outskirts.

The rectangle shaped site, 51-61 Station Street, is trading to a residential builder after a campaign targeted squarely to them.

Council will receive $1.2 million for the real estate.

The incoming owner will also cover costs including access roads and infrastructure, and services.

Last week MAB Corporation spent $37.5 million on a 32 hectare residential development site in Devon Meadows, about 15 kilometres north east of Baxter.

Knight Frank’s Ed Wright was the agent.

Only nine per cent of Baxter is within Melbourne’s Urban Growth Boundary

Zoned General Residential, 51-61 Station St is in the immediate vicinity of a small shopping centre anchored by Woolworths, but also with cafes, takeaway and convenience retail.

The suburb’s train station, part of the Stony Point greater metropolitan line, is mooted for an electric upgrade but not soon.

Sixty one kilometres from the city its nearest major activity centre is in Frankston, two suburbs – about six kms – away.

Baxter is however largely rural – 91 per cent of it is still outside Melbourne’s Urban Growth Boundary (story continues below).

Peninsula Link, which opened in 2013, and has a full interchange at the suburb, has made it much quicker to access from the city’s east.

One neighbouring suburb, Somerville, has a major industrial employment precinct, while another, Langwarrin, still retains a lot of land for agricultural use.

Council flags sale of neighbouring commercial, residential site

When 51-61 Station St hit the market in March, it was initially with a neighbouring, 8352 sqm parcel; both are classified as Key Strategic Sites in the local Activity Centre Structure Plan.

The larger block, 18 Thomas St, also fronts James and Stent streets, and a yet-unbuilt-road.

Part of the land opposite the shopping centre, planned to be zoned Commercial 1, could make way for a major development comprising shops, offices and apartments.

The section fronting 51-61 Station St, also being gazetted General Residential, is proposed for more townhouses.

Knight Frank is representing council to offload 18 Thomas St too.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of