Back 603/1228 Nepean Hwy
Off Market

603/1228 Nepean Hwy

Cheltenham VIC 3192

2
2
1
Apartment
Last sold for $470,000
Claude MeryClaude Mery, last sold this property on 23 February 2019 after 38 days on market.

Overview

High Quality, High Design, Central Location

Rise above it all in the heart of everything. On high in Cheltenham's newest and most exciting beachside apartment development, this high-achieving two bedroom, two bathroom apartment hits the heights - with cafes and shopping at the door, the station around the corner and Southland's cinemas and retail therapy just across the Highway. Prestige-appointed with an elite Neff appliance kitchen with smoked mirror splashback, fully-tiled bathrooms with the latest designer fittings, stone benchtops and wideboard floors, this premier apartment goes above and beyond in design too. In this spacious floorplan, there's genuine space to lounge and dine beyond the kitchen island bench, a generous balcony area accessed from living and bedroom, and a bonus study area for the master light-well! Reverse-cycle air-conditioned with additional panel heating and good storage including mirrored robes, there's an emphasis on security with video-intercom, security lift access and auto-entry street-access garaging with storage. Best of all, there's a focus on location with all the amenities that owner-occupiers and tenants love and a super-central growth position investors need.

Features

2 bedrooms
2 bathrooms
1 carspace
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 603/1228 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 603/1228 Nepean Hwy

2025
Rented
Undisclosed
Leased on 24 Nov 2025 by Ray White The Bayside Group
2025
Rented
Undisclosed
Leased on 23 Nov 2025 by Ray White The Bayside Group
2019
Sold
$470,000
Sold After Auction on 23 Feb 2019 by Claude Mery, of Buxton Bentleigh

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 70 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 603/1228 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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