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Apartment

1/116 Nepean Highway

Aspendale VIC 3195, Australia

3 Bedrooms
1 Bathrooms
2 Parking
283 m² Land size
- Internal area
$475,000 Last sale (2013)

About this property

yardizepropertyrecord
1/116 Nepean Highway is in Aspendale, VIC and is presented as an Apartment with 3 bedrooms, 1 bathroom, 2 parking spaces, land size of 283 m². Sold for $475,000 on 6 Dec 2013. The estimated market value is $890,000 and the estimated weekly rent is $768 per week

Also written as Unit 1, 116 Nepean Highway.

Key details

Locality
Aspendale
State
VIC
Coordinates
38.02490963 / 145.10024498
GNAF PID
GAVIC410788235
Legal parcel ID
1\RP1708
Remoteness area
Metro
Property type
Apartment
Unit land size
283 m²
Unit internal area
-
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent
$768
Expected property value
$890,000
Estimated yield
4.49%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
6 Dec 2013
Agent: Belle Property Mentone
$475,000
Sale
1 Jan 1987
$175,000

Property insights

Building profile

  • Unit 1/116 Nepean Highway in Aspendale is a three‑bedroom, one‑bathroom residential unit with two garage spaces, situated in a seven‑unit multi‑unit building
  • No flood, bushfire or heritage overlays detected

Property Features

  • Off‑market / not listed on major portals
  • High owner‑occupancy (≈85%) with average tenure 18 years 9 months
  • Car spaces: 2

Recorded sales and leasing agents

Recorded sale agency (2013 sale)
Belle Property Mentone recorded for the 2013 sale
Recorded listing contacts
Belle Property Mentone Handled the 6 Dec 2013 auction sale

Ownership mix

Approximate occupancy mix for the surrounding area
Owner-occupied
85%
Renter-occupied
15%

Area insights

The surrounding precinct places day-to-day amenities within easy reach. The nearby mix of destinations supports everyday convenience and local foot traffic

Real Estate Agencies

Ordered by:
Buxton - Bentleigh
Buxton - Brighton
Gary Peer & Associates - BENTLEIGH
Buxton - Hampton East
Buxton - Chelsea
OBrien Real Estate - Narre Warren
Ray White - The Bayside Group
Barry Plant - Mordialloc
Zed Real Estate - HAMPTON EAST
Property One - CHELSEA
Ray White - Carrum Downs
Frog Property Sales & Management
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
Aspendale Primary School
0.6 km
Primary school | Government
St Louis De Montfort's Primary School
0.9 km
Primary school | Catholic
Aspendale Gardens Primary School
1.2 km
Primary school | Government
Yarrabah School
1.3 km
Special school | Government
Mordialloc College
1.6 km
Secondary school | Government
Edithvale Primary School
2.0 km
Primary school | Government
St Brigid's School
1.9 km
Primary school | Catholic
Mordialloc Beach Primary School
2.4 km
Primary school | Government
St Joseph's School
3.7 km
Primary school | Catholic
Chelsea Primary School
3.9 km
Primary school | Government
Chelsea Heights Primary School
4.0 km
Primary school | Government
Parkdale Primary School
3.8 km
Primary school | Government
Parkdale Secondary College
3.8 km
Secondary school | Government
Haileybury - Keysborough Campus
4.5 km
Combined school | Independent
Lighthouse Christian College
4.7 km
Combined school | Independent
St Bede's College
4.7 km
Secondary school | Catholic
Cornish College
5.1 km
Combined school | Independent
Mentone Grammar School
5.0 km
Mentone Girls' Grammar School
5.1 km
Combined school | Independent
Kilbreda College
5.5 km
Secondary school | Catholic
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

1/116 Nepean Highway is described with 3 bedrooms, 1 bathroom, 2 parking spaces, land size of 283 m²

Which primary school is closest to the property?

Aspendale Primary School is the nearest primary school, located approximately 0.5 km away

Which secondary school serves the area?

Mordialloc College is the closest secondary school, about 1.6 km from the address

En.wikipedia.org
What suburb is the property located in?

The property is situated in the suburb of Aspendale, Victoria

En.wikipedia.org
What historic place is located near the property?

Aspendale Racecourse, a historic horse and motor racing track, is located roughly 0.6 km away

What kind of property is this?

1/116 Nepean Highway is listed as Apartment in Aspendale, VIC

What asking price or listing price is shown?

1/116 Nepean Highway includes Sold for $475,000 on 6 Dec 2013

What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate is $890,000, the calculated weekly rent is $768 per week, and the indicative gross yield is 4.49%

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