FOR SALE
$675,000 - $715,000

1/1877 Point Nepean Road
Tootgarook VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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BEACHSIDE INVESTMENT OPPORTUNITY

Prime Location: Positioned directly across from the beach, with safe and convenient access via traffic lights just 30 meters away.
Functional Layout:
Upstairs: Two well-sized bedrooms, a second toilet for convenience, and a balcony offering glimpses of the sparkling beach.
Downstairs: A spacious main bedroom, a bathroom featuring a corner spa, and a bright open-plan living area seamlessly integrating the lounge and kitchen.
Two parking spaces one at the front and rear, perfect for residents and guests alike.
Investment Ready: Includes development-ready drawings, making it an excellent opportunity for future growth and increased returns.
This property offers exceptional rental potential and is perfect for both lifestyle buyers and investors. Don't miss your chance to secure this coastal gem!
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Property Details for 1/1877 Point Nepean Rd, Tootgarook

1/1877 Point Nepean Rd, Tootgarook is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Hodges Rye.

Building Type
House

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About Tootgarook 3941

The size of Tootgarook is approximately 3.5 square kilometres. It has 10 parks covering nearly 6.7% of total area. The population of Tootgarook in 2011 was 2,695 people. By 2016 the population was 2,871 showing a population growth of 6.5% in the area during that time. The predominant age group in Tootgarook is 60-69 years. Households in Tootgarook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tootgarook work in a trades occupation. In 2011, 68.1% of the homes in Tootgarook were owner-occupied compared with 67.4% in 2016.

Tootgarook has 2,992 properties. Over the last 5 years, Houses in Tootgarook have seen a 40.98% increase in median value, while Units have seen a 32.07% increase. As at 30 November 2024:

  • The median value for Houses in Tootgarook is $925,384 while the median value for Units is $676,671.
  • Houses have a median rent of $550 while Units have a median rent of $435.
There are currently 14 properties listed for sale, and 3 properties listed for rent in Tootgarook on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Tootgarook.

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Nicky Hunt
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