1707 Point Nepean Road

Capel Sound VIC 3940

761 m²

House

Currently for sale - view listing

Overview

DEVELOPERS AND INVESTORS, TAKE NOTE

A 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. Whilst all reasonable effort is made to ensure the information in this advertisement is current, Basso Real Estate does not warrant the accuracy or completeness of the data and information contained in this advertisement and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this advertisement.