14 Teal StreetCapel Sound VIC 3940
Property Details for 14 Teal St, Capel Sound
14 Teal St, Capel Sound is a 2 bedroom, 1 bathroom House and was built in 2023. The property has a land size of 725m2 and floor size of 262m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (December 2023)
A truly exceptional opportunity awaits you here - the chance to build not one, but two spacious 4-bedroom luxury townhouses, side by side, each spanning an impressive 33 squares.
Rest assured, all the necessary plans and permits have been approved, offering you a seamless green light to commence the construction of these two impeccably designed residences.
This versatile property opens the door to a world of possibilities, including:
1. Utilize the Approved Plans for Luxury Living: Embark on the journey to construct two luxurious homes and decide whether to:
- Sell both townhouses
- Keep one townhouse as your very own luxurious coastal retreat, while offering the other one for rental income or as charming bed-and-breakfast accommodation.
2. Create Your Dream Home: Consider the blank canvas that is this magnificent property, allowing you to bring your unique vision to life (subject to council approval), resulting in the creation of a personalized dream home.
3. Invest Wisely: Alternatively, you may choose to secure this property for future capital appreciation-a strategic land banking opportunity that promises long-term value.
One of the standout features of this property is its expansive land size, complemented by its proximity to the beach and local amenities.
Convenience is paramount in this ideal location, with essential services catering to individuals of all ages, local shopping options, transportation hubs, hospitals, and recreational facilities within easy reach. Additionally, the nearby Yawa Aquatic Centre, wineries, golf courses, beaches, and hot springs ensure an array of leisure activities for residents to enjoy. Furthermore, swift access to the city ensures that your forever beachside home is not only idyllic but also incredibly well-connected. Savor breathtaking sunsets from the nearby beach as the perfect ending to your days.
Don't delay-reach out today to seize this remarkable opportunity! Land with approved plans and permits for multiple units has become increasingly scarce in today's market.
Furthermore, a valuable proposition is presented in the form of an existing 2-bedroom, 1-bathroom
home with a dependable tenant already in place, offering an immediate avenue to generate income from this promising investment.
Property History for 14 Teal St, Capel Sound, VIC 3940
- 06 Oct 2023Sold for $730,000
- 15 Aug 2023Listed for Sale $755,000
- 28 Oct 2018Listed for Rent - Price not available
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 4,214 properties. Over the last 5 years, Houses in Capel Sound have seen a 32.33% increase in median value, while Units have seen a 21.08% increase. As at 31 October 2024:
- The median value for Houses in Capel Sound is $728,583 while the median value for Units is $584,290.
- Houses have a median rent of $510 while Units have a median rent of $500.
Suburb Insights for Capel Sound 3940
Market Insights
Capel Sound Trends for Houses
N/A
N/A
View TrendN/A
N/A
Capel Sound Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
