1-6/149 Nelson Road

Off Market

1-6/149 Nelson Road

South Melbourne VIC 3205

423 m²

House

Simon Gowling, last sold this property on 22 December 2025 after 131 days on market.

Overview

Blue-Chip Locale, Permit-Ready Potential

Positioned moments from St Vincent Gardens, Albert Park Village, South Melbourne Market, city-bound trams and the beach, this rare holding of 423sqm (approx.) combines flexibility today with clarity for tomorrow. Retain the existing 6×1 configuration for secure holding income while you finalise builder engagement and finishes; or proceed with the approved permit and endorsed plans for a substantial multigenerational living single residence of scale and privacy in a true blue-chip setting. An investment block of apartments (6×1) or a substantial block of land in an amazing central location with approved permit. This offering presents a unique opportunity to acquire a single block of land with a key advantage: an approved permit for a single dwelling. In addition, this is not just land; it is an immediate, turnkey revenue generator, currently configured as 6 × one-bedroom apartments that can earn revenue from day 1. The approved permit provides a clear path to build your dream home (STCA) in an ideal beachside locale, with scope to construct a substantial single residence in line with the endorsed plans. Plans and permit documentation are available on request. Purchasers are advised to rely on their own enquiries regarding approvals, services and dimensions.

Features

6 bedrooms

6 bathrooms

6 carspaces

6 carport spaces

423 m² lot size

House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in South Melbourne over the last 12 months.

Property history for 1-6/149 Nelson Road

2025

Sold

Undisclosed

22 Dec 2025 by Simon Gowling, of Jellis Craig Port Phillip

2023

Sold

Undisclosed

11 Aug 2023 by Simon Gowling, of Jellis Craig Port Phillip

Happy sellers in South Melbourne

59%

59% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in South Melbourne over the last 12 months.

Local market activity for 6 bedroom houses in South Melbourne

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in South Melbourne for a free market appraisal.

Rohan White

at Buxton Port Phillip - Port Melbourne

4.9

(365 reviews)

Get a free market appraisal

Stefan Joannides

at Belle Property Albert Park

4.8

(7 reviews)

Get a free market appraisal

Jon Kett

at Jellis Craig Port Melbourne

4.9

(347 reviews)

Get a free market appraisal

Moses Habib

at Belle Property St Kilda

4.9

(92 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Melbourne

Rohan White

Rohan White is an award winning recommended agent for South Melbourne. They have 17 local sales and collected 12 local reviews across the last 12 months.