Yardize logo Yardize
Multi-unit Property

106 Nepean Highway

Aspendale VIC 3195, Australia

- Parking
580 m² Land size
$661,782 Last sale (2019)
Multi-unit Complex profile

About this property

yardizepropertyrecord

106 Nepean Highway in Aspendale is a mixed‑use building that houses a commercial music‑instrument and equipment retailer on the ground floor. The site is positioned on Nepean Highway, a major arterial road that provides strong visibility and easy vehicle access.

The property sits within the coastal suburb of Aspendale, 27 km south‑east of Melbourne’s Central Business District and within the City of Kingston local government area

Key details

Locality
Aspendale
State
VIC
Coordinates
38.0236037 / 145.09935801
GNAF PID
GAVIC410783728
Legal parcel ID
3A\PS513979
Remoteness area
Metro
Property type
House
Land size
580 m²
Mobile coverage
5G
Land Use Category
Residential

Commercial property information

Ubersonic
Retail store
Music Store Music Retail
Verified at this address
Music retail store offering instruments and equipment.

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent per unit
$1,000
Expected property value per unit
$1,774,000
Estimated yield
2.93%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
1 Feb 2019
Unit 106/201
$661,782$1,141

Price per m² based on land size of 580 m².

Property insights

Area insights

The surrounding precinct places day-to-day amenities within easy reach
  • Port Phillip coastal inlet bordering Aspendale to the west – provides beachside amenity
  • Aspendale Racecourse historic former racecourse site within Aspendale; 0.8 km away
  • Aspendale Beach medium‑density coastal development area along Nepean Highway
  • Edithvale railway station in Edithvale, Melbourne, Victoria, Australia; 1.8 km away

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
0.5 km
Primary school | Government
St Louis De Montfort's Primary School
0.8 km
Primary school | Catholic
Aspendale Gardens Primary School
1.3 km
Primary school | Government
Yarrabah School
1.2 km
Special school | Government
Mordialloc College
1.4 km
Secondary school | Government
Edithvale Primary School
2.1 km
Primary school | Government
St Brigid's School
1.8 km
Primary school | Catholic
Mordialloc Beach Primary School
2.2 km
Primary school | Government
St Joseph's School
3.9 km
Primary school | Catholic
Chelsea Primary School
4.1 km
Primary school | Government
Chelsea Heights Primary School
4.2 km
Primary school | Government
Parkdale Primary School
3.7 km
Primary school | Government
Parkdale Secondary College
3.7 km
Secondary school | Government
Haileybury - Keysborough Campus
4.5 km
Combined school | Independent
Lighthouse Christian College
4.6 km
Combined school | Independent
St Bede's College
4.6 km
Secondary school | Catholic
Cornish College
5.2 km
Combined school | Independent
Mentone Grammar School
4.8 km
Mentone Girls' Grammar School
4.9 km
Combined school | Independent
Kilbreda College
5.3 km
Secondary school | Catholic
* Approximate straight-line distances

Frequently asked questions

What building-wide details are listed?

106 Nepean Highway is described with land size of 580 m²

Mixed‑use building with ground‑floor music store Ubersonic page
In which suburb is 106 Nepean Highway located?

The property is situated in the suburb of Aspendale, Victoria

En.wikipedia.org
What business operates at 106 Nepean Highway?

The music instrument and equipment retailer Ubersonic operates at 106 Nepean Highway

Aspendale vic.aussiestoresonline.com Australia.chamberofcommerce.com
What type of property is located at 106 Nepean Highway?

The address includes a commercial music‑retail store on the ground floor, indicating a mixed‑use building with retail and residential components

Aspendale vic.aussiestoresonline.com
How far is Aspendale from Melbourne’s central business district?

Aspendale lies about 27 kilometres south‑east of Melbourne’s CBD

En.wikipedia.org
Which major road provides access to the property?

Nepean Highway runs through Aspendale and provides direct access to the site

En.wikipedia.org
What kind of property is this?

106 Nepean Highway is listed as House in Aspendale, VIC

Mixed‑use building with ground‑floor music store Ubersonic page
What Calculated market estimate or Estimated weekly rent is available?

The calculated market estimate per unit is $1,774,000, the calculated weekly rent per unit is $1,000 per week, and the indicative gross yield is 2.93%

Mixed‑use building with ground‑floor music store Ubersonic page

Related profiles

Jump to the related profiles for 106 Nepean Highway, including the surrounding street and suburb pages.