34 Flamingo Rd, Capel Sound is a 5 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 906m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
This is a rare opportunity in this fantastic pocket of Capel Sound; and with the plans and permits already approved half of the work is already done for you. So many options available....Be quick...
Resting on a huge 906sqm block the existing home consists of 5 sizable bedrooms, with built in robes. Open plan kitchen(updated), living and meals area, along with formal dining space. Central renovated bathroom services the home with separate WC. Currently tenanted with a sizable return until November 2021.
Plans and permits to develop 3 townhouses (Valid until 2021) this is a golden opportunity for the astute developer.
Property Features:
- Plans and permits for 3 Townhouses (Valid until 2021)
- Heating and cooling throughout
- Large Alfresco area
- Plenty of off street parking
- Open plan kitchen(updated), New bathroom
- Currently tenanted until November 2020
- Sizable rental return of $1825 pcm
- Fantastic location - walking distance to Port Phillip Bay
Situated just minutes from the golden sand of the Port Phillip Bay lay this absolutely outstanding opportunity. Walking distance to Tootgarook Primary School, Capel Sound Beach shopping strip, award winning restaurants, Tootgarook Sports Reserve, Local playgrounds, Rosebud Hospital and the list continues. Also, just a short trip to Rosebud Plaza Shopping Centre, Rosebud Aquatic Centre (proposed completion November 2020) & Peninsula Hot springs.
The size of Capel Sound is approximately 4.7 square kilometres. There are 9 parks, covering nearly 20.5% of the total area. The population of Capel Sound in 2016 was 4930 people. By 2021 the population was 5246 showing a population growth of 6.4% in the area during that time. The predominant age group in Capel Sound is 70-79 years. Households in Capel Sound are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Capel Sound work in a trades occupation.In 2021, 55.80% of the homes in Capel Sound were owner-occupied compared with 57.90% in 2016.
Capel Sound has 4,280 properties. Over the last 5 years, Houses in Capel Sound have seen a 0.67% increase in median value, while Units have seen a 15.39% increase. As at 31 May 2026:
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