25 Capel Avenue CAPEL SOUND VIC 3940
$995,000 - $1,090,000

DESCRIPTION

With an instant return of approx. $19,000 P.A and offering endorsed plans and permits to build three income producing townhouses, your investment "will pay you" while you complete your development process.

We are offering this 3 bedroom, 2 bathroom home to one lucky purchaser and best of all there is already a fulltime tenant.

With a "Blue Chip" location only 300 m (approx.) from the Capel Sound Beach, Capel Sound shops and transport your purchase will be strategic and the construction will be profitable.

The Capel Sound foreshore is arguably the best beach on the southern Mornington Peninsula so act fast to secure your own unique slice of heaven.

Features of this great coastal property include:

•Three great size bedrooms
•En-suite in the main bedroom
•Large open planned living and dining
•900mm electric cooktop and dishwasher.
•Main bathroom with a bath and separate toilet.
•S/S heating and cooling
•Wall to wall carpets
•Fully fenced rear yard

At this price this property will be gone before you know it.