Back 1735 Point Nepean Road
Off Market

1735 Point Nepean Road

Capel Sound VIC 3940

4
1
4
House
Last sold for $1,370,000
Silva McleodSilva Mcleod, last sold this property on 27 February 2023 after 17 days on market.

Overview

Capel Sound Foreshore, Search no more!

Don't miss out on this exceptional opportunity to own a prime piece of real estate on the Mornington Peninsula. Set on a spacious 929 sqm (approx.) of flat coastal land, this is one of the last development sites available by the beach. With the potential to subdivide (pending council approval) or transform it into your dream home, you can join the luxury beachfront living community. The current home features 3-4 bedrooms, 1 main bathroom, an open fireplace, workshop, balcony, shed, and a kitchen with gas and electric appliances. Due to the high demand for rental properties in the area, this beachside property has the potential to generate an annual income of $25,000-$30,000 with the right renovation and market conditions. Additionally, holiday rental demand is high in the area, providing even more potential for high investment returns. Don't hesitate, call Silva at 0405048506 to schedule a private inspection of this rare beachfront offering. Act fast, be smart, and secure your spot by the bay. ***Please note some digital images have been used***

Features

4 bedrooms
1 bathroom
4 carspaces
2 open car spaces
2 garage spaces
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Capel Sound over the last 12 months, the estimated median property value of 1735 Point Nepean Road is $877.25k.

Median value
$877.25k
Estimated value range
$530k - $1.2m
Median days on market
33
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Capel Sound. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1735 Point Nepean Road

2023
Rented
Undisclosed
Leased on 09 Jul 2023 by Raine & Horne Shoreline
2023
Sold
$1,370,000
27 Feb 2023 by Silva Mcleod, of Raine & Horne Shoreline

Happy sellers in Capel Sound

90%
90% 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 22 reviews in Capel Sound over the last 12 months.

Local market activity for 4 bedroom houses in Capel Sound

In the last 12 months, 24 four-bedroom houses similar to 1735 Point Nepean Road, have been sold.

This represents a 14% decrease in four-bedroom houses sales when compared to the previous 12 months.

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