OFF MARKET

869 Nepean Highway
Bentleigh VIC 3204

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1692m2
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Property Details for 869 Nepean Hwy, Bentleigh

869 Nepean Hwy, Bentleigh is a bedroom, bathroom House. The property has a land size of 1692m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
House
Land Size
1692m2
Local Government
Glen Eira
Lot/Plan
CP150805

Last Listing description (July 2008)

INCREDIBLE OPPORTUNITY
ONE OF THE MOST SOUGHT AFTER THINGS IN BUSINESS TODAY IS TOP OF MIND AWARENESS. WITH HUNDREDS OF THOUSANDS OF COMMUTERS PASSING THIS SITE OFTEN TWICE A DAY THE MESSAGE GETS THROUGH. IF YOURE ON THE HIGHWAY - YOU WILL BE NOTICED.
FROM ELSTERNWICK TO MORDIALLOC AND BEYOND NEPEAN HIGHWAY IS SOUGHT OUT BY HIGH PROFILE, WELL KNOWN AND SUCCESSFUL BUSINESS. JEEP, BMW, MERCEDES (BARLOWORLD PAID IN EXCESS OF $20,000,000 FOR THE IKEA SITE) CITROEN, MITSUBISHI, HONDA AND KIA. JB HIFI, BAYSWATER BULK, FANTASTIC FURNITURE AND HOME IMPROVMENTS. MCDONALDS AND DAN MURPHY TO NAME A FEW. ALL ADVERTISE HEAVILY TO DRAW CUSTOMERS TO THIS ADDRESS.

NEPEAN HIGHWAY HAS BEEN VERY GOOD FOR KEN MORGAN WITH MULTIPLE SUCCESSFUL DEALERSHIPS FOR MANY BRANDS OVER THE YEARS. KEN IS RETIRING AND WE WISH HIM WELL.
NOT ITS YOUR OPPORTUNITY TO GRASP THIS RARE OFFERING. WITH FEW VACANCIES AND VIRTUALLY NO ALTERNATIVE SITES AVAILABLE HOW MUCH LONGER WILL IT BE? CAN YOU AFFORD TO WAIT FOR THAT ELUSIVE NEXT ONE?
A CORNER SITE - 2 STREET FRONTAGES.
SERVICE ROAD ACCESS.
ALMOST 1700SQM OF DOLLAR PRODUCING PROPERTY.
VACANT POSSESSION.
A VERSATILE SITE AS IT STANDS OR WITH THE OPTION TO FURTHER DEVELOP USING PLANS ALREADY APPROVED FOR A STUNNING NEW SHOWROOM FACILITY WITH AMPLE PARKING. PERHAPS YOU HAVE PLANS FOR MIXED USE RETAIL AND OFFICE SPACE THAT COMPLY WITH THE ATTRACTIVE BUSINESS 4 ZONING.
FINALLY NEPEAN HIGHWAY IS ABOUT BUSINESS.

Property History for 869 Nepean Hwy, Bentleigh, VIC 3204

A timeline of how this property has performed in the market
Last Sold
$13,241,071
20 Nov 2011
  • 20 Nov 2011
    Sold for $13,241,071
  • 18 Jul 2008
    Sold for $3,000,000
  • 11 Jul 2008
    Sold for $3,300,000
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About Bentleigh 3204

The size of Bentleigh is approximately 4.7 square kilometres. It has 6 parks covering nearly 3.8% of total area. The population of Bentleigh in 2011 was 14,919 people. By 2016 the population was 16,170 showing a population growth of 8.4% in the area during that time. The predominant age group in Bentleigh is 40-49 years. Households in Bentleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bentleigh work in a professional occupation. In 2011, 72.2% of the homes in Bentleigh were owner-occupied compared with 70.5% in 2016.

Bentleigh has 9,349 properties. Over the last 5 years, Houses in Bentleigh have seen a 18.73% increase in median value, while Units have seen a 10.49% increase. As at 31 August 2024:

  • The median value for Houses in Bentleigh is $1,653,070 while the median value for Units is $739,663.
  • Houses have a median rent of $793 while Units have a median rent of $625.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Bentleigh on OnTheHouse. According to CoreLogic's data, 409 properties were sold in the past 12 months in Bentleigh.

Suburb Insights for Bentleigh 3204

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Disclaimer
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.