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Back 631 Nepean Hwy
Off Market

631 Nepean Hwy

Carrum VIC 3197

3
2
1
Townhouse
Last sold for $1,300,444
Shane O'SughrueShane O'Sughrue, last sold this property on 22 July 2026 after 93 days on market.

Overview

A truly rare Beachside offering with mixed-use freehold

- Don't miss this rare beachside opportunity to secure either 1 or 2 shops and apartment above (3 income streams) - Plans and permits approved for Carrum's largest roof top terrace - Established frozen yoghurt business (5+ years with strong local following) - Blue-chip location steps to Carrum beach and transport Rare mixed-use freehold in a prime beachside position, metres from Carrum foreshore. This fully renovated property offers the ultimate work/live/invest setup, with a high-exposure ground-floor commercial premises and a luxury three-bedroom town residence above ideal for owner-operators, entrepreneurs or investors seeking flexibility and multiple income streams. The apartment features a private entry, generous proportions, high ceilings, quality finishes, split-system heating/cooling, fireplace, automatic blinds, heated tiled flooring and an expansive spa terrace. The designer kitchen includes premium appliances and a zip filtered/boiling water tap, while three bedrooms with built-in robes include a master with ensuite. Downstairs is an approx. 52sqm fully renovated commercial space, currently operating as an established frozen yoghurt business and offered fully fitted with plant and equipment, plus training provided. With prominent dual street frontage to Nepean Highway and Johnson Avenue, this is a standout opportunity in a tightly held coastal strip. Approved plans and permits for a future rooftop terrace add further upside. For further information contact Ray White Chelsea Director Shane O'Sughrue on 0401 119 911. Please note, photo identification will be required upon entry to the inspection.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Carrum over the last 12 months, the estimated median property value of 631 Nepean Hwy is $1.01m.

Median value
$1.01m
Estimated value range
$750k - $1.78m
Median days on market
28
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Carrum. 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 631 Nepean Hwy

2026
Sold
$1,300,444
22 Jul 2026 by Shane O'Sughrue, of Ray White Chelsea
2021
Rented
Undisclosed
Leased on 23 Jun 2021 by Zed Real Estate
2019
Sold
$850,000
Private Sale/Treaty on 11 Nov 2019 by Mike Joy, of Asset Property Sales & Management

Happy sellers in Carrum

80%
80% of sellers in Carrum reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 24 reviews in Carrum over the last 12 months.

Local market activity for 3 bedroom townhouses in Carrum

In the last 12 months, 23 three-bedroom townhouses similar to 631 Nepean Hwy, have been sold.

This represents a 20% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

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

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Shane O'Sughrue

Sellers who recommend Shane O'Sughrue have praised them for being local expert, clear communication, friendly, responsive, supportive, honest and dedicated

  •   4.9   (509 reviews)
  •  14 Reviews in Carrum
  •  27 Sales in Carrum
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Michelle Stephens

Sellers who recommend Michelle Stephens have praised them for being clear communication, local expert, responsive, supportive, well-prepared, reliable and friendly

  •   5   (2102 reviews)
  •  5 Reviews in Carrum
  •  5 Sales in Carrum
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Jo Barclay

Sellers who recommend Jo Barclay have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and dedicated

  •   4.9   (190 reviews)
  •  4 Reviews in Carrum
  •  9 Sales in Carrum
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Kristyn Buckley

Sellers who recommend Kristyn Buckley have praised them for being local expert, clear communication, friendly, responsive, honest, easy to work with and supportive

  •   5   (141 reviews)
  •  2 Reviews in Carrum
  •  3 Sales in Carrum
View profile
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