631 Nepean Highway
Carrum, VIC 3197

Overview

A truly rare Beachside offering with mixed-use freehold

• Opportunity to acquire a rare beachside mixed-use freehold property featuring one or two shops with an apartment above, providing three distinct income streams.
• Approved plans and permits are in place for Carrum's largest rooftop terrace, offering significant future development potential.
• The property includes an established frozen yoghurt business with over five years of operation and a strong local customer base.
• Located in a blue-chip area just steps from Carrum beach and public transport, enhancing lifestyle and investment appeal.

This exceptional mixed-use freehold is situated in a prime beachside location mere metres from the Carrum foreshore. The property has been fully renovated to provide an ideal work/live/invest arrangement, combining a high-visibility commercial space on the ground floor with a luxurious three-bedroom townhouse above. This setup is perfect for owner-operators, entrepreneurs, or investors seeking flexibility and multiple revenue sources.

The residential apartment boasts a private entrance and generous living spaces characterized by high ceilings and quality finishes. Comfort is ensured with split-system heating and cooling, a fireplace, automatic blinds, and heated tiled flooring. The expansive spa terrace offers a relaxing outdoor retreat. The designer kitchen is equipped with premium appliances and a zip filtered boiling water tap. All three bedrooms feature built-in robes, with the master bedroom including an ensuite bathroom.

The ground floor commercial area spans approximately 52 square meters and has been fully renovated. It currently operates as a successful frozen yoghurt business, complete with all necessary plant and equipment. Training is also provided to the new owner, facilitating a smooth transition. The property benefits from prominent dual street frontage on Nepean Highway and Johnson Avenue, making it a standout opportunity within this sought-after coastal strip.

Future upside is further enhanced by approved plans and permits for a rooftop terrace, which would be the largest in Carrum. This addition would provide exceptional outdoor space and potential for increased value.

Prospective buyers should note that photo identification will be required for inspection entry. This property represents a unique chance to secure a versatile and well-located asset in a tightly held beachside market.

Location