$900,000

Positioned just moments from the shoreline in a highly sought-after Capel Sound pocket, this substantial 930sqm (approx.) allotment presents an exceptional opportunity to secure a prime slice of the Peninsula with outstanding future potential.

Whether you're looking to redevelop (S.T.C.A), subdivide and retain the existing home, or land bank for the future, the options here are both flexible and highly rewarding.

Set on a generous parcel, the existing residence offers a comfortable starting point or rental prospect, comprising three bedrooms, two bathrooms, a spacious living and dining zone filled with natural light. To the rear, a large sunroom provides the perfect second living area, home office or creative space, opening out to the expansive backyard.

However, it's the land where the true value lies. With its impressive size and configuration, this is an ideal canvas for a multi-townhouse development or dual occupancy project (STCA) in a location that continues to see strong buyer demand.

Enjoy the ultimate coastal lifestyle with the beach just a short 450m stroll, along with easy access to local cafés, bars, shops and everyday amenities. This is a rare chance to secure a sizeable holding in a tightly held area with exciting upside.

Opportunities of this scale and proximity to the beach are increasingly hard to come by—act now and capitalise on the potential.