1621-1623 Point Nepean Road Capel Sound VIC 3940

Shop & Retail
378 m²
Sold, $2,000,000

Outstanding Investment Opportunity on the Mornington Peninsula

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

Kevin Wright Real Estate

Suite 5/176 Main St

Mornington, VIC 3931

Property Highlights

Date Sold	27 May 2024
Sold Price	$2,000,000
Floor Area	378 m²
Land Area	389 m²
Parking	Ask Agent
Property ID	2018245441
Category	Shop & Retail Development / Land Offices
Last updated	26 May 2024

Map for 1621-1623 Point Nepean Road Capel Sound VIC 3940

Kevin Wright Real Estate

Suite 5/176 Main St

Mornington, VIC 3931

Property Highlights

Date Sold	27 May 2024
Sold Price	$2,000,000
Floor Area	378 m²
Land Area	389 m²
Parking	Ask Agent
Property ID	2018245441
Category	Shop & Retail Development / Land Offices
Last updated	26 May 2024

Listed by

Kevin Wright

Kevin Wright Real Estate

Call

0417 564 454

More about 1621-1623 Point Nepean Road Capel Sound VIC 3940

1621-1623 Point Nepean Road Capel Sound VIC 3940 is categorized as Shop & Retail Property. It has a floor area of 378 m² and a land area of 389 m². The listing ID for this property is 2018245441.

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