10 Elizabeth Avenue, Capel Sound VIC 3940

Perfectly located in a service road providing convenient access, just 150 metres from Rosebud foreshore and pristine bay beaches, this character-filled residence presents an exceptional opportunity for homeowners, investors, and developers alike. Set on a generous, flat allotment of approximately 980sqm, the property offers exciting potential for future subdivision (STCA). Adding further appeal is the rare opportunity to also acquire the neighbouring property at No. 12, creating enhanced scope for future development.
Rich in charm, the home is ideally positioned within an easy stroll of the Rosebud Foreshore and perfectly positioned to enjoy all that the Mornington Peninsula lifestyle has to offer. The interior features a separate lounge with gas heating, updated kitchen equipped with a 900mm stainless steel gas cooker, dishwasher, and abundant storage, along with a spacious renovated bathroom and a separate toilet.
The flexible floorplan includes four bedrooms and rear sunroom extension—ideal for family living, a home office, or future reconfiguration.
Outdoors, the property continues to impress with a large single garage, separate workshop, attached carport, and a fully fenced backyard, offering ample space for children, pets.
Currently tenanted, the property provides immediate rental income for investors, while offering the flexibility to further renovate, redevelop, or landbank in this highly sought-after beachside location.
PLEASE NOTE: Some images used in this advertisement were taken prior to the current tenancy to protect tenant privacy. While every care has been taken in the preparation of this information, it is provided as a guide only. Interested parties should refer to the appropriate legal documentation and conduct their own inspections and due diligence.