OFF MARKET

4/1591 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 577m2
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Last updated 30 Sep 2024
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Property Details for 4/1591 Point Nepean Rd, Capel Sound

4/1591 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 577m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
2008
Floor Size
71m2
Land Size
577m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS606852

Last Listing description (September 2024)

Discover the epitome of coastal living with this spectacular unit, just steps from the sun-kissed sands of Port Phillip Bay. Embrace the tranquility of beachside living in this stunning residence.

This unit features two spacious, carpeted bedrooms with built-in robes, providing ample storage and a cozy ambiance. The open-plan kitchen, living, and dining area is bathed in natural light, highlighted by stylish timber floors and floor-to-ceiling stackable doors. These doors seamlessly connect the indoor space to a generous balcony facing side street (Chatfield Ave), perfect for enjoying your morning coffee or evening glass of wine, and ideal for entertaining or relaxing. The modern kitchen, complete with a dishwasher, adds convenience to your daily routine. The central bathroom is both functional and contemporary, designed for ease and comfort.

For year-round comfort, the unit is equipped with a split system for heating and cooling. Security is a top priority with a front door intercom system, ensuring peace of mind. The property also includes secure off-street parking, with an undercover parking bay safely situated behind a roller door.

The unit's prime location offers close proximity to local amenities. Walk to nearby bars and shops, and take full advantage of everything the beach has to offer just steps from your door. This unit is perfect for those looking to maximize their summer living experience by the bay currently used as a successful stayz property and the opportunity to yield $420 - $460 per week in permanent rent.

Don't miss this opportunity to secure your own slice of beachfront paradise. This property is ideal for anyone looking to enjoy a laid-back coastal lifestyle with all the conveniences at your fingertips.

Property History for 4/1591 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Aug 2016
Listed for Rent
$320/w
15 Jul 2016
  • 12 Jun 2024
    Listed for Sale $590,000 - $630,000
  • 11 Aug 2016
    Sold for $350,000
  • 28 Apr 2016
    Listed for Rent - Price not available
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About Capel Sound 3940

The size of Capel Sound is approximately 4.7 square kilometres. It has 9 parks covering nearly 20.5% of total area. The population of Capel Sound in 2011 was 4,580 people. By 2016 the population was 4,947 showing a population growth of 8.0% in the area during that time. The predominant age group in Capel Sound is 80-89 years. Households in Capel Sound are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Capel Sound work in a trades occupation. In 2011, 58.2% of the homes in Capel Sound were owner-occupied compared with 57.9% in 2016.

Capel Sound has 4,202 properties. Over the last 5 years, Houses in Capel Sound have seen a 37.86% increase in median value, while Units have seen a 29.72% increase. As at 31 August 2024:

  • The median value for Houses in Capel Sound is $734,730 while the median value for Units is $596,926.
  • Houses have a median rent of $520 while Units have a median rent of $520.
There are currently 34 properties listed for sale, and 17 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Capel sound.

Suburb Insights for Capel Sound 3940

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.