8 Kolinda Crescent, Capel Sound VIC 3940

Set in a family orientated location, close to schools, parkland and public transport is this exceptional opportunity for those with an eye to the future offering a well-presented brick veneer house on a potentially subdividable allotment of 631sqm.

The existing house has an open plan living and dining area, split system air-conditioning, two generously sized bedrooms, renovated bathroom with double shower, enclosed north facing sunroom to the rear and single lock up garage. This is securely leased to first class tenants until early 2023 at $380 per week.

The north facing rear flat yard is drenched in natural sunlight, and proposes the perfect site for a second dwelling (STCA).

With the property currently generating an income, and the tenants likely to want to sign an extension to the lease, this will likely cover most or all of your holding costs while your plans and permits are being approved.

Being is such a sought-after location, close to amenities, beaches and local attractions. Whether you use this as an investment, as a home or holiday home, or plan to develop in the future, this will appeal to the shrewd buyer who knows value.