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46 Vincent Street, Tootgarook VIC 3941

$730,000 - $800,000

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$730k - $767k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 560 m² 118 m²

Listed: 14 days ago

Updated: 13 days ago

Overview

This brick veneer home is nestled on a spacious corner block in Tootgarook, offering a blend of relaxed coastal living and sound investment potential. It stands as an excellent project for families and investors alike, allowing buyers to add their personal touches to refresh and enhance the property.

The home includes three generous bedrooms, each equipped with built-in double wardrobes, supporting practical storage solutions. The open-plan living area benefits from electric heating and air conditioning, providing year-round comfort. A well-designed kitchen with electric cooking facilities caters to everyday meal preparation with ease.

The centrally located family bathroom, along with separate toilet and laundry facilities, supports functionality and convenience for all household members. Outdoor amenities comprise a covered rear barbecue area, ideal for social gatherings and entertaining, complemented by a large shed that provides substantial additional storage or workspace opportunities.

Positioned merely a short stroll from pristine Port Phillip Bay beaches and the nearby boat ramp, the location enhances the property's appeal by promising a coastal lifestyle. Local conveniences such as takeaway shops and cafes add to everyday ease, while renowned wineries and golf courses within easy reach offer lifestyle enrichment.

For buyers prioritizing investment, the property comes with long-term tenants in place, supporting consistent rental income with a lease noted until August 2027 at $2,042 per calendar month. Accessibility is bolstered by the toll-free Peninsula Link, ensuring travel to Melbourne is under an hour, making this property a suitable base for exploring the Mornington Peninsula.

Local Market Insights

In Tootgarook, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 36 during the previous 30-day period, with an average advertised asking price of $1,193,152. The property type mix of listed properties is predominantly Houses at 92%, followed by land (8%). The most active agency for houses in the Tootgarook area is currently Your Property Agent, representing 32% of new listings, followed by Crowders Real Estate with 27%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.