Jones Real Estate is privileged to present 141 Nepean Highway, Aspendale to the market For Sale via Private Sale.
A blank canvas with all the fundamentals, offering tremendous upside for buyers to purchase a property in a highly sought after and desirable position enables the best of all worlds, suiting owner occupiers, value add investors and land bankers.
Key highlights of this opportunity include:
- Situated upon a striking and prominent corner land holding of 409sqm*, this freehold asset features unparalleled visibility to the Nepean Highway and Foster Street with a combined frontage of 46m* and rear lane access.
- This remarkable vacant possession opportunity with bay views comes equipped with a gross lettable area of 228sqm* and generous on-site car parking.
- The property is underpinned by its immediate proximity to Aspendale Beach, Aspendale Railway Station and is nestled within a dense residential catchment.
- Sensational visibility with over 17,700 vehicles passing north and south bound daily via Nepean Highway **. This major arterial runs through major blue chip residential catchment areas from inner southern Melbourne to Portsea.
- Licensed venue for 100 patrons for 7-day trading with existing liquor license to 1am Monday - Saturday and until 11:30pm on Sunday. Property is a turnkey offering and allows an operator to commence trading immediately and will benefit from direct access to Aspendale Beach via Foster Street.
- Property is Commercial 1 Zone - C1Z, allowing for a multitude of uses in the future^.
*Approx.
**Gapmaps
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Inventory list available upon request.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
The size of Aspendale is approximately 3 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Aspendale in 2011 was 6,621 people. By 2016 the population was 6,938 showing a population growth of 4.8% in the area during that time. The predominant age group in Aspendale is 40-49 years. Households in Aspendale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspendale work in a professional occupation. In 2011, 79.6% of the homes in Aspendale were owner-occupied compared with 79.8% in 2016.
Aspendale has 3,324 properties. Over the last 5 years, Houses in Aspendale have seen a 21.65% increase in median value, while Units have seen a 27.54% increase. As at 30 November 2024:
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