141 Nepean HighwayAspendale VIC 3195
Property Details for 141 Nepean Hwy, Aspendale
Last Listing description (November 2023)
Jones Real Estate is privileged to present 141 Nepean Highway, Aspendale to the market For Sale via Private Sale.
A blank canvas with all the fundamentals, offering tremendous upside for buyers to purchase a property in a highly sought after and desirable position enables the best of all worlds, suiting owner occupiers, value add investors and land bankers.
Key highlights of this opportunity include:
- Situated upon a striking and prominent corner land holding of 409sqm*, this freehold asset features unparalleled visibility to the Nepean Highway and Foster Street with a combined frontage of 46m* and rear lane access.
- This remarkable vacant possession opportunity with bay views comes equipped with a gross lettable area of 228sqm* and generous on-site car parking.
- The property is underpinned by its immediate proximity to Aspendale Beach, Aspendale Railway Station and is nestled within a dense residential catchment.
- Sensational visibility with over 17,700 vehicles passing north and south bound daily via Nepean Highway **. This major arterial runs through major blue chip residential catchment areas from inner southern Melbourne to Portsea.
- Licensed venue for 100 patrons for 7-day trading with existing liquor license to 1am Monday - Saturday and until 11:30pm on Sunday. Property is a turnkey offering and allows an operator to commence trading immediately and will benefit from direct access to Aspendale Beach via Foster Street.
- Property is Commercial 1 Zone - C1Z, allowing for a multitude of uses in the future^.
*Approx.
**Gapmaps
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Inventory list available upon request.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Property History for 141 Nepean Hwy, Aspendale, VIC 3195
- 21 Dec 2023Sold for $1,250,000
- 04 Oct 2023Listed for Sale Contact Agent
- 24 Dec 2021Sold for $1,250,000
Recent sales nearby
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About Aspendale 3195
The size of Aspendale is approximately 3.0 square kilometres. It has 11 parks covering nearly 24.0% of total area. The population of Aspendale in 2016 was 6940 people. By 2021 the population was 7285 showing a population growth of 5.0% in the area during that time. The predominant age group in Aspendale is 40-49 years. Households in Aspendale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Aspendale work in a professional occupation.In 2021, 80.20% of the homes in Aspendale were owner-occupied compared with 79.80% in 2016.
Aspendale has 3,348 properties. Over the last 5 years, Houses in Aspendale have seen a 43.71% increase in median value, while Units have seen a 24.40% increase. As at 30 November 2025:
- The median value for Houses in Aspendale is $1,549,507 while the median value for Units is $969,390.
- Houses have a median rent of $850 while Units have a median rent of $650.
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