Property ID 15043
PRIME LOCATION DEVELOPMENT OPPORTUNITY (STCA)Positioned on Point Nepean Rd and in the growth area of Capel Sound is this prime real estate opportunity. Situated on approx 929m2 and with potential for a 3/4 unit development (STCA) this is an investment opportunity not to be missed. With the median price of Capel Sound growing approx 14% over the last 12 months (figures as per Pricefinder) and no signs of a slow down now is the time to purchase this property within metres of the Capel Sound foreshore. If you are looking to land bank for capital improvement or to develop the site for a quick return or somewhere to build you dream home on with lots of space then this is the property for you. Currently tenanted at $310.00pw until September 2017 you can receive a return while you get your plans and permits done to your own design. Properties like this are limited and they aren't making any land closer to the beach. This opportunity won't last long, be quick call Darrin now for an inspection.
Land DetailsLand area 930 m2