102-105 Nepean Highway, Aspendale VIC 3195

Where location meets unlimited potential.

Located just steps from the shoreline in one of Melbourne’s most sought-after beachside communities. This rare property offers an unmatched combination of flexibility, scale, and future upside.

Set on an impressive 652m² (approx.), this prime coastal site comes complete with approved plans and permits for five architecturally designed townhouses — each crafted to capture stunning views and make the most of this premium beachside position.

With stunning beaches only a few doors away and easy access to downtown Melbourne via nearby public transit, this property sits in a prime location for both lifestyle and investment.

Property Highlights:
-Oversized lot: approx. 652m²

-Existing residence with 3 beds / 9 baths / 9 car parking

-Incredible potential for redevelopment, rental income, or commercial conversion (STCA)

-Walk to the beach, local cafés, schools, shops, and Aspendale Station

-Previously sold in 2016 for approx. $1.6M AUD

-Local market strength: Median home price in Aspendale is approx. $1.29M AUD (2024)


Whether you’re an international investor, a developer seeking prime coastal land, or someone looking to create a one-of-a-kind home by the sea — this is a golden opportunity in the heart of Aspendale.