A unique opportunity: Five prime waterfront blocks for sale in central Yarrawonga.
The recent release of five prime waterfront blocks in central Yarrawonga has presented real estate buyers with a rare opportunity.
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The Quay Collection on Irvine Parade comprises carefully shaped residential lots that follow the natural curve of the lake, offering uninterrupted water views, private foreshore access with jetties, and the freedom to design bespoke architectural homes.
Local developer Leo Kelly, who has owned the land for the past 10 years, said interest had been strong since the blocks were listed before Christmas.
“It’s been very positive by all reports,” Mr Kelly said.
“These residential blocks are very unique, and the timing was right for the family to sell the land.”
Mr Kelly said he had invested significantly in the site over the past decade, including the construction of retaining walls, jetties and driveway crossovers, as well as installing all necessary services.
“The land is ready. All blocks have been test-drilled, and the foundations have solid rock,” he said.
“This offers the potential for a buyer or investor to build down one level, for example, for underground car parking, and up three levels. The land is not affected by seepage.”
The Quay Collection on Irvine Parade comprises carefully shaped residential lots that follow the natural curve of the lake, offering uninterrupted water views, private foreshore access with jetties.
An important added value of the property, Mr Kelly said, is the consistently full water level of Lake Mulwala.
“The lake is required to remain full so it can gravity-feed irrigation channels from September to May,” he said.
Mr Kelly also noted the land is held on five separate titles, meaning there will be no body corporate costs.
Following extensive ground works, council titles for the five blocks are expected to be issued by mid-February 2026.
Pricing for the land starts from $3 million per block. For further contact Karen Mitchell, One Agency on 0414 419 339.
Available lots
Lot 1 – 499 m² The Hero Block
The largest and most prestigious lot, offering premium width, direct lakefront access, and uninterrupted water views. Ideal for a statement home capturing sweeping vistas and morning sun.
Lot 2 – 477 m² Wide and Scenic
A generous frontage and elevated position provide expansive views across Lake Mulwala, perfectly suited to striking modern designs with privacy and visual impact.
Lot 3 – 454 m² Balanced and Flexible
Well-proportioned and versatile, this lot accommodates a wide range of architectural styles, from contemporary open-plan homes to relaxed lakeside retreats.
Lot 4 – 432 m² Exceptional Value Waterfront
Absolute waterfront living at an accessible entry point, offering direct lake access and a manageable footprint without compromising lifestyle or outlook.
Lot 5 – 416 m² Sunrise Aspect Corner Lot
Corner positioning enhances privacy, light, and design flexibility, with an eastern orientation capturing morning sun and views toward the iconic bridge. Dual street access adds to its appeal.
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