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1 Mirriam Ave

Capel Sound VIC 3940

Land
Currently for sale - view listing

Overview

Premium Permit-Approved Development Opportunity in the Heart of Capel Sound

An exceptional opportunity awaits at 1 Mirriam Avenue, Capel Sound a premium corner-site development with the significant advantage of approved and endorsed plans and permits for three architecturally designed townhouses. Offering a rare combination of location, potential, and convenience, this outstanding property allows builders, developers, and investors to bypass the lengthy and often uncertain planning process and move directly towards construction. Set within one of the Mornington Peninsula's most rapidly evolving coastal communities, this ready-to-go project presents the perfect opportunity to capitalise on strong buyer demand for quality new homes in a highly desirable beach side setting. Development Highlights Approved and endorsed planning permit for three contemporary townhouses Highly desirable corner allotment with excellent design flexibility Valuable time and cost savings with all planning approvals secured Ideal project for builders, developers, and investors seeking immediate potential Strong resale and investment prospects in a thriving coastal market Positioned moments from pristine beaches, shopping precincts, schools, cafés, and public transport Capel Sound continues to attract strong interest from owner-occupiers, holiday home buyers, and investors alike, making this an exciting opportunity to secure a project with substantial upside in a location experiencing ongoing growth and transformation. Whether you are looking to develop and sell, build and hold, or expand your development portfolio, 1 Mirriam Avenue offers the perfect foundation for your next successful project. With the approvals in place and the hard work already done, all that's left is to bring the vision to life and reap the rewards. For further information, endorsed plans, permit documentation, and project details, contact us today.

Features

Land

Property history for 1 Mirriam Ave

2022
Sold
$1,075,000
Private Sale/Treaty on 12 May 2022 by Joe Falzon, of Stockdale & Leggo Dromana | Rosebud

Happy sellers in Capel Sound

92%
92% of sellers in Capel Sound reported that their sale price either exceeded or met their price expectations.

Capel Sound stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 17 reviews in Capel Sound over the last 12 months.

Local market activity for land plots in Capel Sound

In the last 12 months, 9 land plots similar to 1 Mirriam Ave, have been sold.

This represents a 125% decrease in land plots sales when compared to the previous 12 months.

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