Permit approved for 61 apartments plus retail
Knight Frank in conjunction with Raine & Horne Brighton are delighted to offer 189-199 & 201 Nepean Highway, Mentone for private sale.
Designed by renowned architects Plus Architecture the site features permit approval for a 6 level mixed use development within this sought after bayside suburb with a median house price of $1,160,000 (Source: REIV).
Zoned Commercial 1, the property may suit alternative uses such as aged care, commercial / retail development and more (STCA)
This outstanding redevelopment opportunity features the following:
- Substantial land holding of 1,677sqm* over 2 titles
- Commercial 1 zoning with imposing street frontage of 72m* to slip road beside Nepean Highway
- Permit approved for 61 apartments ( 7 x 3 beds, 27 x 2 bed + 2 bath, 14 x 2 bed and 13 x 1 bed apartments) plus 3 retail
- Potential bay views from proposed development
- Situated next to Thrift Park Shopping Centre and close to a host of amenities including Mentone Beach, the Mentone retail strip, Mentone railway station, bus networks plus a number of private and public schools.
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