27 Nepean AvenueHampton East VIC 3188
Property Details for 27 Nepean Ave, Hampton East
27 Nepean Ave, Hampton East is a 4 bedroom, 3 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 699m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (August 2021)
With two frontages, approx 700sq.m. of Bayside land, and a major rail hub within three blocks, this ready-to-develop property delivers the most exciting opportunity on the beachside of the Highway! One of the last under-capitalised dual-frontage properties stretching back to Lonsdale Avenue from this quiet cul-de-sac, the versatile site is ready to multiply rewards with two premier Hampton East addresses!
Bring your dual home vision to this exciting site and take one of the last opportunities to develop with uncompromised frontages to both this low-traffic cul-de-sac and at the rear, to a prestige home streetscape. See the value in creating two substantial homes - each with its own private street-address (Subject to Council Approval) and reap the rewards of this secluded, but central location.
But don't be too quick to overlook the rewards in the existing three bedroom home. Perfectly sited on the block to allow a staggered development (with completion to the rear, prior to commencement at the front), this comfortable home features a glossy renovated bathroom, a big eat-in kitchen and contemporary comforts including split system reverse-cycle air-conditioner. Rent until you're ready, relax and take your time, this neat home will add value until it's time to capitalise!
Settlement Terms: Up to 120 days. Developers will be allowed reasonable access to the property prior to settlement to be able to apply for a planning permit.
AT THE REQUEST OF THE VENDOR, NO OFFERS WILL BE ACCEPTED PRIOR TO AUCTION
Property History for 27 Nepean Ave, Hampton East, VIC 3188
- 10 Apr 2021Sold for $1,600,000
- 03 Feb 2021Listed for Sale AUCTION $1,600,000-$1,625,000
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About Hampton East 3188
The size of Hampton East is approximately 1.4 square kilometres. It has 7 parks covering nearly 8.4% of total area. The population of Hampton East in 2011 was 4,395 people. By 2016 the population was 4,696 showing a population growth of 6.8% in the area during that time. The predominant age group in Hampton East is 40-49 years. Households in Hampton East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hampton East work in a professional occupation. In 2011, 59.6% of the homes in Hampton East were owner-occupied compared with 59.6% in 2016.
Hampton East has 2,935 properties. Over the last 5 years, Houses in Hampton East have seen a 18.23% increase in median value, while Units have seen a 15.96% increase. As at 31 October 2024:
- The median value for Houses in Hampton East is $1,569,976 while the median value for Units is $806,953.
- Houses have a median rent of $795 while Units have a median rent of $580.
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