OFF MARKET

9/1675 Point Nepean Road
Capel Sound VIC 3940

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 80m2
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Property Details for 9/1675 Point Nepean Rd, Capel Sound

9/1675 Point Nepean Rd, Capel Sound is a 2 bedroom, 1 bathroom Unit and was built in 1965. The property has a land size of 80m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1965
Floor Size
60m2
Land Size
80m2
Local Government
Mornington Peninsula
Lot/Plan
9/PS320448

Last Listing description (February 2023)

An incredible opportunity exists to secure one of the few properties on the Mornington Peninsula still available at an entry-level price without compromising on location or quality.

Located directly across the road from the beach and also within easy reach of both Rosebud and Rye town centres, this compact, low maintenance property will tick all of your investment/weekender needs. With a current return of $1,738 per month and with a lease in place until May 2023, this unique offering could be just the investment you have been looking for. The potential is also there to complete a small interior update and transform the home into the perfect weekend escape or Airbnb.

Offering comfortable accommodations including two big bedrooms, one bathroom, open plan living space, and single carport - either lock up and leave for the perfect getaway or continue to reap the annual rewards and watch your investment grow.


Property Features

- Great location across from the beach
- Walking distance to shops
- Great rental return
- Currently leased until 09/05/2023 at $1738 per month
- Split system air conditioning
- Gas cooking

*All distances and measurements are approximate only.

Property History for 9/1675 Point Nepean Rd, Capel Sound, VIC 3940

A timeline of how this property has performed in the market
Last Sold
$470,000
04 Feb 2023
Listed for Rent
$370/w
07 May 2021
  • 04 Feb 2023
    Sold for $470,000
  • 08 Dec 2022
    Listed for Sale AUCTION THIS SAT AT 11:00AM - RESERVE $410,000
  • 22 Mar 2022
    Sold for $336,500
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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 4,201 properties.

    There are currently 22 properties listed for sale, and 14 properties listed for rent in Capel sound on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Capel sound.

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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.