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Back 503/1228 Nepean Hwy
Off Market

503/1228 Nepean Hwy

Cheltenham VIC 3192

2
2
1
Apartment
Last sold for $535,000
Angel D'paulAngel D'paul, last sold this property on 23 July 2025 after 35 days on market.

Overview

A sanctuary of contemporary style and bayside convenience

This modern 2-bedroom, 2-bathroom apartment in the heart of Cheltenham presents the ideal setting for professionals, first homebuyers, or investors seeking a low-maintenance, lock-and-leave lifestyle. Stepping inside, you're greeted by a light-filled open plan living and dining area, enhanced by a sleek contemporary design and warm timber flooring. The well-appointed kitchen features stainless steel appliances, offering a functional and stylish space for culinary pursuits. Glass sliding doors extend the living area onto a generous 28sqm north-facing balcony-perfect for entertaining or soaking up the sun with elevated views. Both bedrooms are generously sized and fitted with built-in robes, with the master enjoying the privacy of a modern ensuite. A second bathroom and European laundry enhance daily convenience. Notably appointed with split system air conditioning, secure intercom entry, basement car park, storage cage, and access to communal BBQ and seating areas on level 2. THE SPECIFICS • Open plan living and dining zone illuminated by natural light and timber flooring • Stylish kitchen with stainless steel appliances and ample cabinetry • Expansive 28sqm north-facing balcony ideal for outdoor entertaining • Two robed bedrooms, including master with private ensuite • Second bathroom plus European laundry for added functionality • Split system air conditioning, secure intercom entry • Basement car park and storage cage for convenience • Access to shared BBQ facilities and seating areas THE LOCATION • Moments from Cheltenham Station and Nepean Highway for easy commuting • 1km to Southland Shopping Centre and just over 4km to the beach • Close to Charman Road shops, Cheltenham Recreation Reserve and Sandy Golf Course • Surrounded by a vibrant community with a relaxed bayside feel THE CLOSE Delivering comfort, style, and unbeatable convenience, this contemporary apartment offers two robed bedrooms, two bathrooms, European laundry, spacious open plan living and dining, expansive entertaining balcony, and the practical benefits of air conditioning, secure parking, and a storage cage-all just moments from transport, retail, parks and the bay. THE AGENTS Angel D'Paul | 0426 863 410 Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters. *Gross estimate, purchasers will need to complete their due diligence.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cheltenham over the last 12 months, the estimated median property value of 503/1228 Nepean Hwy is $586.13k.

Median value
$586.13k
Estimated value range
$370k - $875k
Median days on market
25
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cheltenham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503/1228 Nepean Hwy

2025
Sold
$535,000
23 Jul 2025 by Angel D'paul, of MAK REALTY
2023
Sold
Undisclosed
Private Sale/Treaty on 11 Aug 2023 by Angel D'paul, of Zed Real Estate
2018
Rented
Undisclosed
Leased on 22 Oct 2018 by Ray White The Bayside Group

Happy sellers in Cheltenham

89%
89% of sellers in Cheltenham reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 71 reviews in Cheltenham over the last 12 months.

Local market activity for 2 bedroom apartments in Cheltenham

In the last 12 months, 86 two-bedroom apartments similar to 503/1228 Nepean Hwy, have been sold.

This represents a 29% increase in two-bedroom apartments sales when compared to the previous 12 months.

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Trevor Bowen

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Julia Poggi

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