203 Nepean Highway, Mentone, VIC 3194

Development/Land

For Sale

  • Property ID: 444095
  • Land Area: 785m²
  • Occupancy: Vacant
THE CORNER PIECE OF MENTONES BEST MIXED USE OPPORTUNITY.

POINT OF INTEREST:

Available for Sale via Expression Of Interest closing 29th May 2024 at 3pm.
Melburnians are looking for a sea change, and this strategic corner development is the answer to boutique residential / mixed use options within the heart of Mentone. The block of land stretches out to 785 sqm* on top of prime commercial 1 zoning, fronting the southeast’s Nepean spine and wrapping around into Long Street, providing a fantastic opportunity to develop a mixed use development or construct a building of occupation with unrivaled exposure. Mentone caters to plenty thanks to its premier Bayside education options, straightforward Frankston line train, and access to a beachside lifestyle. You’re not short on retail either, with Thrift Park sitting a short walk from here, Southland a few hundred metres down Nepean, and Moorabbin’s DFO a 5-minute drive.

- 785 sqm* total land area.
- Commercial 1 zoning.
- Corner location within a sought after southeast location.
- 100 m* from Thrift Park Shopping Centre.
- 900 m* from Parkdale railway station.
- 1 km* to Mentone Grammar and St Bedes College.
- 3.5 km* to the Mordialloc Freeway.

POINT OF VIEW:
An unmissable location with 52,000* passing vehicles each day and surrounded by amenity, this site will cater to whatever your imagination desires.

*Approx.
Pricing excludes GST

Additional Information
Features
  • Availability: Negotiable
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Mentone Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $125 ---
Retail $5486 $260 4.75%
Offices $5908 $302 5.12%
This is the average advertised price, rent and yield for Mentone, VIC 3194*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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