254-256 Nepean Highway, Parkdale, Vic 3195

For Sale

254-256 Nepean Highway, Parkdale, Vic 3195-Image

254-256 Nepean Highway, Parkdale, Vic 3195-Floorplan

254-256 Nepean Highway, Parkdale, Vic 3195

$2,850,000 - $3,125,000

House

Type

Bedrooms

Bathrooms

Parkings

1,526 m²

Area

Last updated on Tuesday, May 26, 2026 ( See property details for 254-256 Nepean Highway, Parkdale, Vic 3195)

$2,850,000 - $3,125,000

View the agent price guide.

Eva Cumming - Real Estate Agent - Barry Plant - Mentone - Cheltenham

Eva Cumming Sales & Marketing Executive and Licensed Estate Agent

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Michael Care - Real Estate Agent - Barry Plant - Mentone - Cheltenham

Michael Care O.I.E.C, Director, Auctioneer

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and versatile bayside landholding in Parkdale offering exceptional development potential and comfortable family residences in a highly sought-after location.

🏡 Property Highlights

Rare large-scale landholding of 1,526m² with combined 30.6m frontage
Exceptional development potential with zoning GRZ5 for multi-residence or subdivision (STCA)
Flexible options to purchase individually or together, ideal for developers and investors
Prime bayside location close to beaches, shops, cafes, and excellent schools
Two well-maintained residences offering immediate liveability and rental potential
Generational opportunity for redevelopment, land banking, or creating a family legacy

✨ Key Features

Open-Plan Living
Built-in Robes
Swimming Pool
Outdoor Area
Garage
Ceiling Fans
Waterfront / Views
Security Screens / Gates
Extra Storage (Shed/Linen)
Pet-Friendly

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254-256 Nepean Highway

Parkdale, VIC 3195

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Suburb and Property Insights of Parkdale, VIC 3195

Parkdale is a highly desirable bayside suburb renowned for its stunning beaches, vibrant local cafes and shops, excellent schools, and strong community atmosphere. Its strategic location offers easy access to public transport, parks, and recreational facilities, making it ideal for families, investors, and developers seeking a thriving lifestyle locale with significant growth potential.

Frequently Asked Questions

What is the current condition of the residences, and are there any renovation opportunities?

Both residences are well-maintained and offer immediate liveability, with scope for renovation, extension, or rebuilding to enhance their value.

What are the development possibilities for this landholding?

The properties are zoned GRZ5, allowing for multiple-residence redevelopment, subdivision, or a landmark bayside project (STCA), offering significant scope for future development.

Are there any restrictions or approvals required for redevelopment?

Yes, all redevelopment plans are subject to council approval and STCA (Subject To Council Approval). It is recommended to consult with local planning authorities for specific requirements.

What are the potential costs involved in purchasing and developing this property?

Potential costs include purchase price, stamp duty, council development fees, and any renovation or construction expenses. A detailed cost analysis should be undertaken prior to purchase.

Is there any existing planning or zoning information I should be aware of?

The properties are zoned GRZ5, which supports multi-residence development and subdivision, subject to council approval and compliance with local planning regulations.

What to ask about this property to agent?

Are there any easements, covenants, or zoning restrictions that could impact redevelopment plans? Has a recent survey or land appraisal been conducted to confirm boundaries and land size? Are there any existing planning permits or approvals in place for redevelopment? What are the potential costs for site preparation, demolition, or environmental assessments? Are there any nearby construction or planning activities that could affect the property’s value or livability? Is there any history of flooding, bushfire risk, or other environmental hazards on the land? Are there any strata or body corporate considerations if purchasing one of the residences separately? What are the council’s current development policies and future planning initiatives for this area? Are there any restrictions on property modifications or extensions due to heritage or local regulations? What are the ongoing costs associated with maintaining the properties and land?

254-256 Nepean Highway, Parkdale, Vic 3195 - More Details

$2,850,000 - $3,125,000

Type: House
Bedrooms: 5
Bathrooms: 2
Parkings: 6
Area: 1,526 m²

Price guide

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254-256 Nepean Highway, Parkdale, Vic 3195 - Point Of Interest

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254-256 Nepean Highway, Parkdale, Vic 3195

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