1735 Point Nepean Road, Capel Sound VIC 3940

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***