Share this property

realcommercial.com.au

646 Nepean Highway Mount Martha, VIC 3934

Directions

646 Nepean Highway,
Mount Martha, VIC 3934

Development Sites & Land

Price information

Sold

Contact Agent

Detailed listing

Key property information

Land area

Tenure type

Sold on

Map of 646 Nepean Highway

Directions

Once in a lifetime opportunity to secure 4,55ha* of the prestigious Mornington Peninsula

  • 45,500sqm* residential zone
  • Strong holding income
  • Townhouse/apartment/age care (STCA)
+ An exceptional residential zoned corner landholding spanning over 45,500sqm*

+ Outstanding exposure with multiple street frontages of 157m* to Nepean Highway and 280m* to Craigie Road providing flexibility for building design and access points

+ Existing commercial improvements, with strong leaseback income set at 5% of purchase price

+ Would ideally suit a residential, apartment or aged care and retirement living development (STCA)

+ A strong median house price of $945,000** which has experienced over 20% capital growth over the past 18 months

+ An amazing blue-chip coastal location in Mt Martha within easy walking distance to the beach & foreshore reserve; only 1km* to Benton’s Square Shopping Centre and 3km* to Mornington retail, food and lifestyle precinct

For Sale via Public Expressions of Interest closing Thursday 4th May at 5.00pm

For more information please contact the CBRE Victorian Development Sites team:

David Minty
+61 422 564 1...

Julian White
+61 422 764 137

Josh Twelftree
+61 452 524 985


*approx

Property ID: 502354054Last Updated: 21 Sep 2017

04225641...
realcommercial.com.au logo
646 Nepean Highway
Mount Martha, VIC 3934

Detailed listing

CBRE - Melbourne
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.