1019 Nepean HighwayMoorabbin VIC 3189
Property Details for 1019 Nepean Hwy, Moorabbin
1019 Nepean Hwy, Moorabbin is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (September 2023)
Corner a landmark site to justify a benchmark development! Prominent and well-proportioned in close proximity to Moorabbin's booming retail, transport and hospitality hub, this approx 800sqm GRZ2 zoned property is currently home to a landmark mid-century dual-home estate...and multiple possibilities. Take inspiration from neighbouring multi-townhouse development and capitalise on the exceptional value in this high-set property and highly-amenity location (Subject to Council Approval).
Just 200m to the express-commute station at the centre of the Moorabbin business district, and 3 blocks to the flyover to Moorabbin Primary School, this substantial site is positioned for success at the gateway to the rejuvenated Moorabbin recreation precinct with RSEA Park's new pool, sports and wellness facilities at the end of the street. Ready to enhance future profit with flexible frontages, elevated appeal and exceptional value, this versatile property even has the potential to pay its way through the planning process with two solid homes ready to upgrade and rent.
Offered with a substantial three bedroom, dual living mid-century home (starring a curvaceous lounge, gracious dining and north-facing family living) plus a separate two bedroom rear structure (with full kitchen, bathroom and large lounge), the property is ready to reward ...until it's time to cash in on the development rewards. With basic amenities in place, secure carport/garaging for three cars, and a ready-to-refurbish pool, there's even scope to let this mid-century property live again as a landmark family estate for a new era! For more information about this landmark corner site contact Paul Sibley at Buxton Hampton East on 0403 325 423
Property History for 1019 Nepean Hwy, Moorabbin, VIC 3189
- 09 Sep 2023Sold for $1,370,000
- 14 Aug 2023Listed for Sale SOLD at Auction
- 18 Oct 1997Listed for Sale Not Disclosed
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About Moorabbin 3189
The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.
Moorabbin has 5,556 properties. Over the last 5 years, Houses in Moorabbin have seen a 9.32% increase in median value, while Units have seen a 7.90% increase. As at 30 November 2024:
- The median value for Houses in Moorabbin is $1,194,946 while the median value for Units is $729,090.
- Houses have a median rent of $655 while Units have a median rent of $580.
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