1621-1623 Point Nepean Road Capel Sound VIC 3940

This corner property is situated on approximately 389sqm of prime land on the Mornington Peninsula with Point Nepean Rd frontage in Capel Sound.

This truly is an investment opportunity not to be missed.

- Comprising of five top floor office suites, ground level retail space and rear shed.
- Recently renovated and Fully tenanted
- Public car park at rear
- Easy access to the Mornington Peninsula Freeway
- Current annual rental return of approx. $75,000 (inc GST)
- Annual increases will see rental return well in excess of $100,000(inc GST) by 2025.
- Potential future re-development (STCA)
- Commercial 1 Zoning