1707 Point Nepean Road, Capel Sound, VIC 3940
Capel Sound 6Kwarto DEVELOPERS AND INVESTORS, TAKE NOTE
$1,595,000A rare opportunity to purchase these three units on a flat 761sqm block of land, directly opposite the white sands of Port Phillip Bay on Point Nepean Road in Capel Sound, making this a must-see.
Rare is the only way to describe what's on offer.
1707 Point Nepean Road comprises 3 units (SEE FLOORPLAN FOR MORE INFORMATION ON UNIT BEDROOM COMPOSITION), all individually leased and generating a total of $55,704 per year in rental income. This property has significant potential and could serve as a great development site (STCA).
Units 1 and 2 have recently been renovated, while Unit 3 has had the same tenant for over 18 years and remains unrenovated as a result.
With Capel Sound just an hour from Melbourne CBD and close to world-class wineries, golf courses, and beaches via the toll-free Peninsula Link, this property should be at the top of your list. So, call now. You won't be disappointed.
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