FOR SALE
$2,400,000-$2,640,000

635 Nepean Highway
Brighton East VIC 3187

Bedrooms: 6
Bathrooms: 3
Car spaces: 8
Land area: 1024m2
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Exceptional Development Potential in Prestigious Melbourne Suburb: Approved Planning Permit for 5 Townhouses on An Expansive Allotment!

Nestled in one of Melbourne's most coveted suburbs, this property presents a golden opportunity with a planning permit already approved for 5 townhouses. Each townhouse will offer over 260sqm of internal space, ensuring ample room for modern living.Currently rented for $6,000 per month, this substantial rectangular allotment spanning approximately 1025sqm offers versatility and potential. Whether you envision a large development of 4 townhouses, your dream family home, or a comprehensive renovation (STCA), this property caters to diverse aspirations.The existing home, while mostly original, boasts solid foundations and remarkable features, including 7 bedrooms, 3 bathrooms, polished timber floors, and high ceilings. Multiple living spaces provide flexibility, while a large balcony overlooking a North-facing backyard enhances the allure of outdoor living.Positioned on a small service lane, set back from the main road, the property offers a sense of privacy and tranquility. A small lane at the rear provides dual access if desired, adding convenience and potential for further development.Convenience is at your doorstep, with easy access to public transportation including the Hawthorn Road tram and Nepean Highway bus stop. Nearby amenities such as the Hawthorn Road shopping strip, Bay Street Shopping Precinct, Westfield Southland, and Brighton beach cater to everyday needs and leisure pursuits.Families will appreciate the proximity to esteemed educational institutions such as Bentleigh West Primary School, Brighton Secondary College, and Melbourne Montessori School. Health facilities including Epworth Brighton ensure peace of mind, while recreational options abound with parks, preschools/kindergartens, gyms, and the prestigious Brighton Golf Course within walking distance.Don't miss this rare opportunity to secure a slice of prestigious living in one of Melbourne's most sought-after locales. Whether for investment or personal residence, the possibilities are limitless at this remarkable address.
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Property Details for 635 Nepean Hwy, Brighton East

635 Nepean Hwy, Brighton East is a 6 bedroom, 3 bathroom House with 8 parking spaces. The property has a land size of 1024m2. The place is currently for sale with Zed Real Estate.

Building Type
House
Land Size
1024m2

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About Brighton East 3187

The size of Brighton East is approximately 5.7 square kilometres. It has 9 parks covering nearly 13.9% of total area. The population of Brighton East in 2011 was 15,813 people. By 2016 the population was 15,987 showing a population growth of 1.1% in the area during that time. The predominant age group in Brighton East is 40-49 years. Households in Brighton East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Brighton East work in a professional occupation. In 2011, 75.6% of the homes in Brighton East were owner-occupied compared with 74.5% in 2016.

Brighton East has 7,668 properties. Over the last 5 years, Houses in Brighton East have seen a 29.56% increase in median value, while Units have seen a 19.92% increase. As at 31 August 2024:

  • The median value for Houses in Brighton East is $2,214,178 while the median value for Units is $1,127,593.
  • Houses have a median rent of $1,055 while Units have a median rent of $700.
There are currently 14 properties listed for sale, and 9 properties listed for rent in Brighton east on OnTheHouse. According to CoreLogic's data, 399 properties were sold in the past 12 months in Brighton east.

Suburb Insights for Brighton East 3187

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.