1117-1119 Nepean HighwayHighett VIC 3190
Property Details for 1117-1119 Nepean Hwy, Highett
Last Listing description (September 2023)
JLL Retail Investments has the exclusive privilege of offering for sale 1117-1119 Nepean Highway, Highett. A prime bayside located retail investment opportunity with significant development upside.
Key details of the opportunity include:
Large 3,652sqm* C2Z landholding near the corner of Nepean Highway and Wickham Road
Secure 5-year lease to national restaurant operator Kickin' Inn with locations across 4 states and territories
No further options providing ultimate flexibility in future use
Located directly adjacent to major retailers such as KFC, Officeworks, Anaconda, and National Storage
60* metres of frontage to Nepean Highway with convenient access via service road
Current Passing Income of $148,432* p.a. + GST
To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Tom Noonan | 0402 319 698
Jarrod Herscu | 0418 155 062
MingXuan Li | 0498 688 998
*Approximately
Property History for 1117-1119 Nepean Hwy, Highett, VIC 3190
- 03 Jul 2026Sold for $6,200,000
- 29 Jun 2023Listed for Sale Contact Agent
- 12 Oct 2007Listed for Sale 695000
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About Highett 3190
The size of Highett is approximately 3.7 square kilometres. There are 8 parks, covering nearly 8.4% of the total area. The population of Highett in 2016 was 10454 people. By 2021 the population was 12016 showing a population growth of 14.9% in the area during that time. The predominant age group in Highett is 40-49 years. Households in Highett are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highett work in a professional occupation.In 2021, 70.40% of the homes in Highett were owner-occupied compared with 68.60% in 2016.
Highett has 8,420 properties. Over the last 5 years, Houses in Highett have seen a -15.68% decrease in median value, while Units have seen a 1.34% increase. As at 31 August 2026:
- The median value for Houses in Highett is $1,363,929 while the median value for Units is $728,057.
- Houses have a median rent of $873 while Units have a median rent of $625.
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