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House for Sale

44 Grenville Grove Capel Sound, VIC 3940

$995,000
  • 4 Beds
  • 1 Bath

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44 Grenville Grove, Capel Sound, VIC 3940

House for Sale in Capel Sound

Blue-Chip Beachside Development Site - 836m² (Approx.) with Endorsed Plans

  • 4 Beds
  • 1 Bath

An exceptional opportunity to secure a prime 836sqm (approx.) level allotment just two streets from the Capel Sound foreshore, offering strong fundamentals for immediate or future townhouse development (S.T.C.A) in a tightly held coastal growth pocket.

The site is flat, north-facing and fully usable, significantly reducing construction complexity and site costs.

The existing weatherboard dwelling (four bedrooms, one bathroom) provides holding income or short-term accommodation potential while preparing for redevelopment.

Development Highlights:

â- Zoning: Residential
â- Orientation: North-facing yard
â- Topography: Flat, semi-cleared and fully fenced
â- Development potential: Multi-dwelling townhouse project (S.T.C.A)
â- Endorsed / approved plans provided at settlement
â- Low site constraints - ideal for efficient design and build outcomes

Capel Sound continues to experience strong demand for medium-density, low-maintenance coastal housing, underpinned by downsizers, lifestyle buyers, and Melbourne-based purchasers seeking Peninsula exposure. This site offers scale and flexibility rarely found this close to the foreshore.

Strategic Location Advantages:

â- Walk to beach, foreshore and Bay Trail
â- Walking distance to Capel Sound village cafés, retail and services
â- Close to Rosebud Activity Centre and Peninsula Link
â- Strong resale and rental demand in established seaside precinct

Nearby attractions that underpin long-term buyer appeal include:

â- The Dunes, Eagle Ridge, Rosebud Country Club
â- The National & St Andrews Beach Golf Courses
â- Peninsula Hot Springs and Alba Thermal Springs

A compelling beachside development opportunity combining location, scale, planning advantage and end-buyer demand.

Location is the key to any property purchase and this location has it in spades.

Features:
  • Close To Beach
  • Close To Schools
  • Close To Shops
  • Close To Transport
Land:

836m² / 0.21 acres

Bedrooms:

4

Bathrooms:

1

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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