306/1148 Nepean Hwy, Highett is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in April 2024.
Discover a perfect investment in this luxe apartment within the premium Kingston Park development, just a stroll to Southland Shopping Centre, Highett cafs and shops, and train stations.
Providing immediate and ongoing return on investment with the current long-term tenant, it would also be ideal for buyers seeking superior accommodation in a convenient location that's easily commutable to Melbourne CBD.
With ducted heating/cooling and refined styling, the beautifully-appointed apartment includes spacious living/dining with a study nook that's ideal for working from home. The chic kitchen boasts stone benchtops and quality appliances including built-in oven and stainless steel dishwasher. For a touch of indoor-outdoor living, wide sliding doors open to a large covered balcony offering a great space for alfresco dining and watching the world go by.
2 bedrooms provide mirrored robes and include a spacious master bedroom, and these are serviced by a sleek modern bathroom with shower over bath, plus master ensuite with large walk-in shower.
Additional features include video-intercom entry, Euro laundry, linen closet, and basement parking space with additional lock-up storage. There's also secure gated access to neighbouring Sir William Fry Reserve, a beautiful community space for walking and exercising as well as the monthly Farmer's Market. A few minutes down Bay Road in the car or on the local buses will take you to beaches at Sandringham and Hampton.
This stylish apartment represents an exclusive residence or a fantastic portfolio addition for the astute investor.
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
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 8,390 properties. Over the last 5 years, Houses in Highett have seen a -0.48% decrease in median value, while Units have seen a 8.75% increase. As at 31 May 2026:
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