OFF MARKET

34 Flamingo Road
Capel Sound VIC 3940

Bedrooms: 5
Bathrooms: 1
Car spaces: 2
Land area: 906m2
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Property Details for 34 Flamingo Rd, Capel Sound

34 Flamingo Rd, Capel Sound is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 906m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Land Size
906m2
Local Government
Mornington Peninsula
Lot/Plan
146/LP43060

Last Listing description (March 2021)

This is a rare opportunity in this fantastic pocket of Capel Sound; and with the plans and permits already approved half of the work is already done for you. So many options available....Be quick...

Resting on a huge 906sqm block the existing home consists of 5 sizable bedrooms, with built in robes. Open plan kitchen(updated), living and meals area, along with formal dining space. Central renovated bathroom services the home with separate WC. Currently tenanted with a sizable return until November 2021.

Plans and permits to develop 3 townhouses (Valid until 2021) this is a golden opportunity for the astute developer.

Unit 1 - 4 bedroom, 2 bathroom, double car garage
Unit 2 - 2 bedroom + study, 1 bathroom, single garage
Unit 3 - 4 bedroom, 2 bathroom, 2 living, double garage

Property Features:
- Plans and permits for 3 Townhouses (Valid until 2021)
- Heating and cooling throughout
- Large Alfresco area
- Plenty of off street parking
- Open plan kitchen(updated), New bathroom
- Currently tenanted until November 2020
- Sizable rental return of $1825 pcm
- Fantastic location - walking distance to Port Phillip Bay

Situated just minutes from the golden sand of the Port Phillip Bay lay this absolutely outstanding opportunity. Walking distance to Tootgarook Primary School, Capel Sound Beach shopping strip, award winning restaurants, Tootgarook Sports Reserve, Local playgrounds, Rosebud Hospital and the list continues. Also, just a short trip to Rosebud Plaza Shopping Centre, Rosebud Aquatic Centre (proposed completion November 2020) & Peninsula Hot springs.

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Property History for 34 Flamingo Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$750,000
22 Dec 2020
Listed for Rent
$410/w
28 Nov 2016
  • 13 Jan 2021
    Listed for Sale $690,000 - $750,000
  • 22 Dec 2020
    Sold for $750,000
  • 02 Jul 2020
    Listed for Sale $690,000 - $750,000
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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 4,213 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.
There are currently 24 properties listed for sale, and 10 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 130 properties were sold in the past 12 months in Capel sound.

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