Home for Sale

385 Nepean Highway Mordialloc, VIC 3195

$1,100,000 - $1,200,000
  • 4 Beds
  • 1 Bath
  • 2 Cars

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Home for Sale in Mordialloc

High Exposure 717m² (approx.) Corner Block - Council Approved Medical Clinic Plans & Permits

  • 4 Beds
  • 1 Bath
  • 2 Cars

Boundless opportunities are presented along with this exceptionally located 717sqm (approx) corner property; conveniently placed opposite Bradshaw Park and a terrific strip of shops, along with medical/healthcare businesses a few doors away.

With council approved plans and permits in place for a medical facility redevelopment, this prime, high exposure parcel of real estate is also ripe for residential redevelopment (STCA) and presents a promising opportunity to not only medical or healthcare practitioners and business partnerships, but commercial and residential investors or developers seeking an excellent return on investment or a boost to their portfolio.

An existing four bedroom residence, mostly original but well-maintained interiors with modern updates added along the way. Spacious lounge, original kitchen with generous dining area, well-sized bedrooms, bathroom, separate toilet, large laundry, enormous backyard & double lock-up garage.

The approved plans are for a complete demolition of the existing buildings, and a redevelopment of a large surgery with four or five consultation rooms and a 10 space staff/patient car park, conveniently accessed via White Street.

Surrounded by only a small selection of other healthcare facilities, the low competition in the immediate proximity certainly adds further appeal. Opening your own practice or joining forces in a business partnership is fast becoming a real possibility.

Whether your future intentions include a residential redevelopment, starting a business, establish your family in a spacious home or acquire a rewarding investment and capitalise on its potential later, the existing property is in fantastic condition and is more than ready to accommodate either yourself or tenants while your plans are being finalised.

The possibilities are endless and limited only to your imagination.
Plan and develop the site and lease consultation rooms individually or as a whole
Buy now & hold, and capitalise later
Develop the site yourself and either lease out or sell as a ready-to walk in surgery
Develop the site for your own business exclusively, or rent rooms out to other practitioners

Interested parties are encouraged to do their own due diligence with council authorities about the permissions available with this site - but are also encouraged to act quickly - you don't want this grand opportunity to slip into the hands of your competition!

PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.

Features:
  • Air Conditioning
  • Built-In Wardrobes
  • Close To Schools
  • Close To Shops
  • Close To Transport
  • Garden
Land:

717m² / 0.18 acres

Parking:

2 garage spaces

Bedrooms:

4

Bathrooms:

1

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Suburb

Mordialloc

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