Expressions of Interest closing Tuesday 30th June at 6:00pm.
An exceptional and extraordinarily rare offering in one of Parkdale's most tightly held and rapidly evolving bayside pockets, 254 - 256 Nepean Highway presents a generational opportunity of remarkable scale, flexibility and future potential. Available to purchase individually or together, these two substantial allotments each boast an impressive 15.3m frontage, creating an expansive combined frontage of approximately 30.6m across a total landholding of 1,526m2 (approx.) - an offering of genuine significance for developers, investors and families alike.
Zoned GRZ5, the properties present outstanding scope for multiple-residence redevelopment, subdivision or a landmark bayside project (STCA). The substantial dimensions, broad frontage and highly strategic position combine to create an increasingly rare development opportunity in a thriving lifestyle locale where large-scale landholdings are becoming exceptionally difficult to secure. For developers, the combined site offers exceptional versatility and scale, providing the ideal foundation for a premium townhouse or multi-dwelling development (STCA). The rare 30.6m frontage enhances design flexibility, site accessibility and overall development appeal, while the ability to purchase one or both properties further broadens the opportunity.
Equally compelling for families and land banking investors, both residences offer comfortable accommodation, immediate liveability and strong rental potential while future plans are considered. Positioned on approximately 775m2, 254 Nepean Highway is a character-filled three-bedroom residence offering generous family proportions and enduring period charm. Multiple living zones, spacious accommodation and established outdoor surrounds are complemented by a swimming pool, creating an immediately enjoyable family environment with exceptional long-term upside. 256 Nepean Highway occupies approximately 751m2 and features a well-maintained two-bedroom home with high ceilings, comfortable living and dining spaces, a functional kitchen and an expansive backyard. Perfectly liveable as is, the home also presents exciting scope to renovate, extend, rebuild or lease out while capitalising on the future potential of the land.
Superbly positioned within close proximity to Thrift Park Shops, Parkdale Beach, Parkdale Village shops, cafés and eateries, Parkdale and Mentone Train Stations, Mentone Grammar, Mentone Girls' Grammar, St Bede's College, Kilbreda College, Parkdale Secondary College, St Patrick's Primary School, Mentone Primary School, Parkdale Primary School, Westfield Southland, Mordialloc's shops, cafes/eateries, picturesque reserves and Bayside's most popular beaches - this is an extraordinary opportunity to secure a blue-chip landholding of scale in a location synonymous with lifestyle, convenience and sustained growth. Whether the vision is redevelopment, land banking, investment or creating a long-term family legacy, opportunities of this calibre are exceptionally rare.
For more information, please contact Eva Cumming on 0400 955 184 or Michael Care on 0432 488 939 from Barry Plant today.
ALL ENQUIRIES MUST INCLUDE A CONTACT NUMBER.
