423 Nelson Rd, Mount Nelson is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 4606m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Mount Nelson in the last 12 months.
Positioned in ever-popular Mount Nelson, this substantial 1980s brick and tile residence delivers an exceptional blend of space, character, and versatility enhanced by the rare inclusion of a second dwelling at the front of the property, securely leased until mid April 2026.Inside the main home, a generous sun-filled living room sets the tone, featuring raked ceilings, celestial windows, exposed brickwork, and warm timber accents. Comfort is assured year-round with a wood heater, heat pump, and ceiling fan. A dedicated study sits just off the lounge, along with a separate toilet, laundry, and access to a private outdoor atrium.Entertaining is effortless in the standout retro bar and entertainment zone, complete with exposed timber beams, leadlight features and a sunken lounge positioned around a striking stone fireplace. A separate dining room connects seamlessly with the main lounge, while the newly renovated white kitchen offers excellent cabinetry, a breakfast bar and abundant natural light. An adjoining casual living area flows directly to the backyard, providing another flexible family space.Timber stairs lead to the upper level, where two generous double bedrooms share a neat two-way bathroom. The main suite is a true retreat, offering a renovated ensuite-style bathroom with a separate bath and a large walk-in shower, along with a walk-in robe and an adjoining dressing room that could easily be converted into an additional bedroom if required.Outdoors, the lifestyle appeal continues with a fully fenced swimming pool and cabana, a large grassed area and an inviting paved entertaining space. There is also ample additional parking, with room for a boat or camper at the rear, along with a double garage positioned at the front of the home.Completing this remarkable package is the charming original 1920s timber home at the front of the property. Offering three bedrooms, a bathroom with a shower over the bath, a lounge, and a kitchen/dining area, it provides secure rental income through to mid April 2026 - perfect for ongoing investment, guest accommodation, or multigenerational living.Moments from local shops, quality schools, and public transport, and only 10 minutes to the CBD, this is a rare opportunity to secure a substantial property with huge potential, flexible living options and valuable additional income.A truly rare find in a tightly held location.
The size of Mount Nelson is approximately 5.9 square kilometres. It has 9 parks covering nearly 18.0% of total area. The population of Mount Nelson in 2016 was 2495 people. By 2021 the population was 2749 showing a population growth of 10.2% in the area during that time. The predominant age group in Mount Nelson is 30-39 years. Households in Mount Nelson are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Nelson work in a professional occupation.In 2021, 70.50% of the homes in Mount Nelson were owner-occupied compared with 71.00% in 2016.
Mount Nelson has 1,281 properties. Over the last 5 years, Houses in Mount Nelson have seen a 17.37% increase in median value, while Units have seen a 48.25% increase. As at 28 February 2026:
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