Expansive Coastal Landholding - Rare Western Port Bay Opportunity

92 Norsemens Road
Coronet Bay

On behalf of Andrew Hewitt and Jialan Xu of Grant Thornton, appointed as Joint and Several Receivers and Managers, Gross Waddell ICR is pleased to present for sale 92 Norsemens Road, Coronet Bay.

Positioned on the shores of Western Port Bay, this rare 23.2 Ha* landholding presents an outstanding opportunity to secure a substantial coastal property within one of Victoria’s most picturesque seaside communities.

The property benefits from Rural Activity Zone (RAZ) zoning, expansive 474m* frontage to Norsemens Road and 171m* frontage to Western Port Bay, providing genuine flexibility for a range of agricultural, lifestyle, tourism and commercial pursuits (STCA).

Predominantly clear of existing development, the property offers a rare blank canvas with strong underlying land value supported by the scarcity of large coastal landholdings throughout the Bass Coast region.

Investment Highlights:
• Significant 231,991 sqm* (23.2 Ha*) landholding
• Rural Activity Zone (RAZ)
• Approximately 90 minutes southeast of Melbourne’s CBD
• Expansive 474m* frontage to Norsemens Road
• 171m* frontage to Western Port Bay
• Predominantly clear landholding providing a blank canvas for future use
• Ideal for equestrian, boutique farming, agritourism, eco-retreat, glamping and farm stay uses (STCA)
• Normal farming activities including fencing, agricultural buildings and dam construction are largely exempt from permit requirements
• LSIO and ESO1 apply to a limited portion of the northwestern boundary only
• Approximately 15 kilometres from San Remo and the Phillip Island Bridge
• Close to Phillip Island, San Remo, Inverloch and Wonthaggi

Rarely does an opportunity of this scale and coastal positioning become available within the tightly held Bass Coast region. 92 Norsemens Road offers the scale, flexibility and location to suit a range of future visions, all STCA.

For Sale by Expressions of Interest closing 3pm Thursday 19th November 2026.

For further details or to arrange an inspection, please contact the exclusive marketing agents at Gross Waddell ICR.

Glenn Ye 叶格林

Head of Asian Markets

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Danny Clark

Managing Director - Head of Sales - Partner

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Dean McMurray

Sales & Leasing Executive

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Price

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