11 Broadway
Capel Sound, VIC 3940

Overview

Coastal Charm and Huge Development Potential - 500m to the Beach!

Welcome to a rare opportunity in the heart of the Mornington Peninsula, located approximately 500 meters from the beach and offering significant potential. This classic timber beach house is situated on a generous allotment of approximately 715 square meters, providing flexibility for various uses including subdivision (subject to council approval), renovation, investment, or simply enjoying a peaceful coastal lifestyle.

Key features of the property include four spacious bedrooms, one bathroom complemented by two separate toilets, and a renovated kitchen equipped with a gas cooktop. The home boasts polished timber floors throughout, ducted gas heating, and split-system air conditioning to ensure comfort year-round. The master bedroom includes built-in robes, and the property features a shaded north-facing veranda as well as a rear deck of approximately 25 square meters overlooking a beautifully maintained rear yard.

Additional amenities include a double lock-up garage with extra parking space, two bore water systems, three garden sheds, and established garden beds with ample room for further gardening or landscaping projects.

The location is prime, offering easy access to a variety of attractions and conveniences. Residents can enjoy a short walk to the beach, proximity to world-class golf courses such as Moonah Links and The Dunes, and a brief drive to renowned destinations including the Peninsula Hot Springs and Alba thermal spa. The area also features numerous walking tracks, cycling trails, and nature reserves, alongside local cafes, wineries, breweries, and gourmet food venues. Public transport, schools, and shopping villages are also conveniently accessible.

Currently, the property has a solid lease with a tenant in place until December 2025, providing an immediate return on investment. This makes it an excellent opportunity for those looking to build, invest, or retire by the coast. With rental demand at an all-time high, securing a reliable income stream in this high-growth area is a significant advantage.

Note that the photos provided are from a previous sale and some decor changes have been made since.

Features include close proximity to the beach, schools, shops, and transport, making this property a well-rounded choice for a variety of buyers.

Location