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1 Mirriam Avenue

Capel Sound, VIC 3940, Australia

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About this property

An exceptional opportunity awaits at 1 Mirriam Avenue, Capel Sound a premium corner-site development with the significant advantage of approved and endorsed plans and permits for three architecturally designed townhouses. Offering a rare combination of location, potential, and convenience, this outstanding property allows builders, developers, and investors to bypass the lengthy and often uncertain planning process and move directly towards construction. Set within one of the Mornington Peninsula's most rapidly evolving coastal communities, this ready-to-go project presents the perfect opportunity to capitalise on strong buyer demand for quality new homes in a highly desirable beach side setting. Development Highlights Approved and endorsed planning permit for three contemporary townhouses Highly desirable corner allotment with excellent design flexibility Valuable time and cost savings with all planning approvals secured Ideal project for builders, developers, and investors seeking immediate potential Strong resale and investment prospects in a thriving coastal market Positioned moments from pristine beaches, shopping precincts, schools, cafés, and public transport Capel Sound continues to attract strong interest from owner-occupiers, holiday home buyers, and investors alike, making this an exciting opportunity to secure a project with substantial upside in a location experiencing ongoing growth and transformation. Whether you are looking to develop and sell, build and hold, or expand your development portfolio, 1 Mirriam Avenue offers the perfect foundation for your next successful project. With the approvals in place and the hard work already done, all that's left is to bring the vision to life and reap the rewards. For further information, endorsed plans, permit documentation, and project details, contact us today.

Property Features

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    Repayment calculator

    $3,636/month
    $1,818 /fortnight
    Loan $600,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$150,000
    Stamp duty$40,070
    Conveyancing (est.)$2,000
    Total upfront$192,070
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Listed
    1 week ago

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