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SOLD

'88 Nepean' Corner Collins Street & Nepean Highway, Mentone, VIC 3194

Properties / Sold / Victoria / Mentone

Development Potential

1. Property Summary

Property Type

Residential

Sub Type

Apartment Sites, Townhouse Sites

Land Area

2,096 m² (*approx)

Zoning

GRZ5

General Residential Zoning

Selling Method

EOI: Closing Thursday 10 October, 2:00pm

EOI Closing Date

10 Oct 2024 02:00PM

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2. Property Highlights

Mentone’s Finest Residential Development Site

2,096m2 collective site area across 3 Titles
Prominent corner site with 2 frontages
Only 5 mins walk to Mentone Village

88 Nepean, Mentone is a residential development opportunity within a highly connected and well-established suburb, it’s the perfect blend of lifestyle, amenity and education all within a bustling bay side locale.

Mentone offers beachside living at its finest, blending urban sophistication and convenience. The established community values safety, education, and leisure, making it a sought-after location for families, young professionals and investors.

88 Nepean is only 5 minutes* stroll to Mentone Parade, with vibrant food and retail and the convenience of major retailers.

Key Site Highlights include:

- Prominent location incredibly well serviced by public transport

- GRZ5 – General Residential Zoning

- Mentone is the centre of bay side education with 8 schools within 1.5km’s of this development site

- In demand suburb with a median house price of $1.4mil+

- Factors driving capital growth in Mentone include ongoing infrastructure investments, such as upgrades to transport networks and improvements to local amenities

- Only 30 mins by train (express) from Mentone Station to Flinders Street Station

For further information, please contact the selling agents at Colliers:

Philip Heberling: 0448 955 275

Aaron Choong: 0430 661 177

*Approx

**Outlines are indicative

+ REIV 2024 Q2

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