2/401 Nepean Hwy, Mordialloc is a 4 bedroom, 2 bathroom Townhouse with 2 parking spaces. The property has a land size of 674m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom Townhouse sold in Mordialloc in the last 12 months.
Rear home of only two on a 674sqp approx block boasting large peaceful leafy gardens, this cherished freestanding 4 bedroom 2 bathroom single level family home has loads of rooms, plenty of yard and exceptional potential to renovate or redevelop in the GRZ5 zone (Subject To Council Approval).
Well built with an inspiring layout, quiet grounds and lovely natural light, this eager renovator is at the end of a long private driveway, featuring a tiled entry foyer, an elegant lounge with new carpet, a north facing family/meals area, versatile dining/study, retro kitchen, 4 good size bedrooms (robes, main with classic ensuite), modernised central bathroom with separate toilet, and a large laundry.
Enjoying a canopy of established fruit trees to create summer shade in the north-east facing gardens, with an elevated terrace to enjoy the sun. An absolute surprise accommodating all families, needing cosmetic ambition to bring out its qualities, complete with ducted heating, air conditioning, a double auto garage plus a carport and side parking bay.
Alternatively, use this prized site for future development in this lifestyle location. In the service road of Nepean Highway, an easy walk to Mordialloc Village, Parkdale Plaza, the city train, bus services and parkland, zoned to both Parkdale Secondary College and Mordialloc Beach Primary School, and minutes to leading independent schools and glorious walks along the beach.
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The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2016 was 8166 people. By 2021 the population was 8886 showing a population growth of 8.8% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation.In 2021, 68.30% of the homes in Mordialloc were owner-occupied compared with 66.20% in 2016.
Mordialloc has 5,624 properties. Over the last 5 years, Houses in Mordialloc have seen a 37.22% increase in median value, while Units have seen a 21.88% increase. As at 30 November 2025:
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