508 Nepean Highway, Bonbeach, Vic 3196

$2,500,000-$2,700,000

Residential Land
Type
650 m²
Area

Last updated on Wednesday, March 18, 2026 ( See property details for 508 Nepean Highway, Bonbeach, Vic 3196)

$2,500,000-$2,700,000

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

A rare, turn-key development site in Bonbeach offering approved plans for five architecturally designed townhouses on a prominent corner block with exceptional exposure.

🏡 Property Highlights

  • Permit approved for 5 architecturally designed townhouses
  • Complete project package including brochures, renders & marketing material
  • Ready for immediate construction or project marketing
  • Prominent corner site with outstanding exposure
  • Three street frontages totaling over 73 metres
  • Located within a highly desirable Bayside lifestyle precinct

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Balcony
  • Home Office / Study
  • Built-in Robes
  • Dishwasher
  • Air Conditioning
  • Swimming Pool

Bonbeach is a highly sought-after Bayside suburb renowned for its relaxed coastal lifestyle, beautiful beaches, and vibrant community. It offers excellent local amenities, parks, and easy access to Melbourne’s CBD. The area is perfect for families and professionals seeking a tranquil yet connected lifestyle. With its strong growth potential and desirable location, Bonbeach remains a top choice for developers and investors alike.

What is the current zoning and development potential of this site?
The property has approved permits for five architecturally designed townhouses, making it a ready-to-build development site within the existing zoning regulations for residential development in Bonbeach.
Are there any restrictions or covenants affecting the development?
All necessary permits and approvals are in place; however, potential buyers should review local council regulations and any covenants or easements that may apply to the site.
What are the expected costs beyond the purchase price?
Additional costs may include construction, council fees, stamp duty, and any required utility connections. A detailed cost estimate should be obtained from a qualified builder or project manager.
Is there any planned infrastructure or development nearby that could impact the site?
Currently, there are no known major infrastructure projects planned that would negatively impact the site; however, prospective buyers should verify with local planning authorities.
What is the condition of the land and are there any environmental concerns?
The land is vacant and ready for development. Buyers should conduct their own environmental assessments to confirm suitability for construction.
Are there any hidden costs or additional fees associated with the development approval process? Has the site been surveyed recently, and are there any easements or encumbrances registered on the title? Are there any restrictions on future modifications or extensions to the approved plans? Is the property located within a flood zone or bushfire-prone area? Are there any upcoming planning or zoning changes that could affect the development potential? What are the council requirements for construction and compliance, and are there any outstanding approvals? Are there any nearby construction activities or developments that could cause noise or disruption? Is the land title clear of any disputes or legal issues? What are the long-term growth prospects for the Bonbeach area? Are there any community or strata restrictions that could impact the use or sale of the property?

508 Nepean Highway, Bonbeach, Vic 3196 - More Details

$2,500,000-$2,700,000

Type
Residential Land
Area
650 m²

Price guide

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