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1621-1623 Point Nepean Road Capel Sound, VIC 3940

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1621-1623 Point Nepean Road,
Capel Sound, VIC 3940

Shops & Retail • Offices • Development Sites & Land

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Range: $1,850,000 - $2,150,000

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Map of 1621-1623 Point Nepean Road

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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

Property ID: 504055999Last Updated: 26 May 2024

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1621-1623 Point Nepean Road
Capel Sound, VIC 3940
Kevin Wright Real Estate - MORNINGTON
Suite 5, 176 Main Street
MORNINGTON, VIC 3931

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