8 Kolinda Cres, Capel Sound is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 631m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Set in a family orientated location, close to schools, parkland and public transport is this exceptional opportunity for those with an eye to the future offering a well-presented brick veneer house on a potentially subdividable allotment of 631sqm.
The existing house has an open plan living and dining area, split system air-conditioning, two generously sized bedrooms, renovated bathroom with double shower, enclosed north facing sunroom to the rear and single lock up garage. This is securely leased to first class tenants until early 2023 at $380 per week.
The north facing rear flat yard is drenched in natural sunlight, and proposes the perfect site for a second dwelling (STCA).
With the property currently generating an income, and the tenants likely to want to sign an extension to the lease, this will likely cover most or all of your holding costs while your plans and permits are being approved.
Being is such a sought-after location, close to amenities, beaches and local attractions. Whether you use this as an investment, as a home or holiday home, or plan to develop in the future, this will appeal to the shrewd buyer who knows value.
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 35.52% increase in median value, while Units have seen a 29.14% increase. As at 30 September 2024:
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