513 Highett RoadHighett VIC 3190
Property Details for 513 Highett Rd, Highett
Last Listing description (April 2026)
Teska Carson is delighted to offer 513 Highett Road, Highett for sale by Public Auction on 1 April at 2pm on-site. This prime investment leased to proven hospitality venue the pocket middle eastern eatery is located within the ever-popular suburb of Highett.Located within the retail and hospitality strip of Highett Road and amongst a variety of iconic hospitality venues and major retailers, with Highett Station just 50 metres away and easy access to all major arterial roads.The key attributes of this exceptional investment include: * 5-year lease from September 2025 plus 5-Year Option * Rent: $42,000* per annum plus outgoings and GST * Bespoke fit-out * Rear access entered from Coe Lane * Highett is seeing a gentrification with multiple residential and commercial development * 513 Highett forms part of a strong retail precinct with recognised national and local traders including Woolworths, Bendigo Bank, Hellenic House Project, Cellarbrations, Australia Post, Highett Shopping Centre and more * The property presents an outstanding opportunity for the astute investor searching for an investment with a long-term lease within a highly sought after suburb.For further information or to arrange an inspection of this prime investment, please contact Teska Carson selling agents Adrian Boutsakis or George Takis.*approx.
Property History for 513 Highett Rd, Highett, VIC 3190
- 01 Apr 2026Sold for $1,040,000
- 26 Feb 2026Listed for Sale Contact Agent
- 17 Jul 2017Sold for $1,200,000
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0About Highett 3190
The size of Highett is approximately 3.7 square kilometres. It has 8 parks covering nearly 8.4% of 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 8,265 properties. Over the last 5 years, Houses in Highett have seen a 6.57% increase in median value, while Units have seen a 11.48% increase. As at 31 March 2026:
- The median value for Houses in Highett is $1,526,411 while the median value for Units is $734,169.
- Houses have a median rent of $775 while Units have a median rent of $600.
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