Exceptionally positioned directly opposite Capel Sound Foreshore with a myriad of walking trails leading to the beach, this incredible package with 200 metre square (approx.) shop sitting beneath a groovy 200 metre square four-bedroom apartment on the upper level presents a golden opportunity to reinvent your life in this sublime beachside location.

Surrounded by funky bars and delicious eateries, the shop comprises a large retail space, storeroom, kitchenette and two toilets and would be ideal for any number of pursuits, or simply kept as a rental investment property, which is currently leased for $25,000pa on a 5 x 5 year lease.

Capturing the glistening water views over the beach, the spacious upstairs apartment flaunts an adorable quirky chic, marrying vintage style and cleverly repurposed materials, along with luminous skylight windows and high-quality appliances to create a truly unique and eclectic space reminiscent of a New York loft.

A gorgeous open plan living and dining area with a gas log fire flows into a large dining area featuring an urban kitchen with moveable timber island bench and stainless-steel appliances, while down the glass hallway, the flexible floor plan boasts bedrooms with built-in robes, plus a large master at the end of the hall.

With the upstairs having a potential to be holiday rented at $2,400.00 per week or rented permanently all year round at $380.00 per week, this property truly ticks all the boxes for an astute investor.

With plans and permits approved to not only build up but to also apply for a horizontal subdivision and further capitalise on this beachside location, the apartment includes a storeroom, bathroom/laundry, split-system air-conditioning and breeze-controlling Velux roof windows.

With Rosebud West being less than an hour from the Melbourne CBD and in immediate proximity to world class wineries, golf courses and of course our famous Capel Sound Beach via the toll free Peninsula Link, this commercial property should be on top of your list. Call now. You won't be disappointed.

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Suburb Capel Sound
Address 1641 Point Nepean Road
State VIC
Price $1,100,000
Property Type residential
Property ID 462
Category House
Land Area 204 m2
Floor Area 400 m2

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Adam Harlem

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