19 Grenville Grove, Capel Sound VIC 3940

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Monday, August 24, 2026 ( See property details for 19 Grenville Grove, Capel Sound VIC 3940)

$900,000

Michelle Bennie Senior Sales Executive | Licensed Estate Agent
Nicola Hayes Sales Associate to Michelle Bennie
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming, light-filled coastal home on a generous level allotment with excellent investment and development potential in Capel Sound.

🏡 Property Highlights

  • Established rental income of $530 per week with immediate cash flow
  • Generous, level allotment with future development or redevelopment potential (STCA)
  • Light-filled, north-facing living room with polished timber floors
  • Recently renovated contemporary bathroom
  • Spacious bedrooms including an oversized third bedroom suitable as a second living area or home office
  • Prime coastal location just 360m from Capel Sound Foreshore
  • Large backyard with entertaining deck and established gardens
  • Comfortable year-round climate with gas heating and split system cooling
  • Close to amenities including Rosebud Plaza, schools, and local cafes
  • Ideal for first home buyers, investors, or landbanking opportunities

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Open-Plan Living
  • Outdoor Area
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Split System Heating / Cooling
  • Shed
  • Water tank
  • Floorboards
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19 Grenville Grove
Capel Sound, VIC 3940
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Vertical aerial view — 19 Grenville Grove
19 Grenville Grove — Vertical Aerial  •  Capel Sound, VIC 3940  •  Nearmap © 2026

Capel Sound offers a relaxed coastal lifestyle with pristine beaches, scenic reserves, and a vibrant local community. The area features excellent amenities including shopping centres, schools, and cafes, all within easy reach. Its proximity to the foreshore makes it ideal for outdoor activities and leisure. The neighbourhood is well-connected by public transport and enjoys a peaceful, family-friendly atmosphere. With future development opportunities, Capel Sound remains a highly desirable location for both homeowners and investors.

What is the condition of the property and are there any recent renovations?
The property is well-maintained with a recently renovated bathroom and polished timber floors throughout, offering a modern and inviting feel.
What are the potential uses for the land given its development potential (STCA)?
The generous, level allotment provides opportunities for future development or redevelopment, subject to council approval, making it suitable for new builds, extensions, or multi-dwelling projects.
Is the property suitable for investment purposes?
Yes, the property currently generates a rental income of $530 per week, making it an attractive investment with immediate returns and future growth potential.
What are the nearby amenities and lifestyle features?
The property is close to Capel Sound Foreshore, parks, shopping centres, schools, cafes, and public transport, offering a convenient and relaxed coastal lifestyle.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants are not specified; prospective buyers should conduct due diligence with local council and relevant authorities.
Are there any zoning restrictions or planning overlays that could affect future development or renovation plans? Has the property been inspected for any structural issues or pest infestations? Are there any easements, covenants, or rights of way registered on the title that could impact use or development? What are the council rates, land taxes, and any additional costs associated with the property? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any upcoming planning or construction projects nearby that could affect the property’s value or lifestyle? What are the terms of the current tenancy, and are there any lease or rental restrictions? Are there any existing warranties or guarantees on recent renovations or fixtures? Is the property compliant with all building codes and safety standards? What are the long-term plans for the surrounding neighbourhood and how might they impact the property’s value?

19 Grenville Grove, Capel Sound VIC 3940 - More Details

Subdivision Opportunity (STCA) on 836sqm (Approx.) in a Prime Beachside Location

Light, bright and full of coastal charm, this beautifully presented home offers an inviting lifestyle just moments from the sparkling shores of Capel Sound. Positioned in a quiet pocket, this character-filled residence combines warmth, comfort and practicality, making it an ideal choice for first home buyers, holidaymakers or savvy investors.

Currently tenanted at $530 per week, the property also presents an excellent investment opportunity with an established rental income from day one. Set on a generous, level allotment, the property also offers future development or redevelopment potential (STCA), making it an attractive option for those looking to landbank while generating an immediate return.

Set behind a lush established garden, the home immediately welcomes you with its appealing street presence and relaxed beachside feel. Inside, polished timber floors, abundant natural light and generous living spaces create a warm and inviting atmosphere.

The spacious north-facing living room is bathed in sunshine throughout the day, while the central kitchen provides ample storage, a gas cooktop and adjoining meals area. Three generous bedrooms offer excellent accommodation, with the oversized third bedroom providing flexibility as a second living area, home office or guest retreat. A beautifully renovated bathroom adds a fresh contemporary touch, while gas heating and split system heating and cooling ensure year-round comfort.

Outside, a large level backyard offers plenty of space for children and pets to play, complemented by an entertaining deck perfect for summer barbecues and a storage shed with shelving for added convenience.

Perfectly positioned within easy reach of the Peninsula's best amenities, you'll enjoy a relaxed coastal lifestyle with everything at your fingertips.

Property Features

• Currently tenanted at $530 per week
• Generous, level allotment with future development potential (STCA)
• Three spacious bedrooms
• Oversized third bedroom ideal as a second living area or home office
• Beautifully renovated central bathroom
• Light-filled north-facing lounge room
• Central kitchen with ample storage and adjoining meals area
• Gas cooktop
• Polished timber floors throughout
• Gas heating and split system heating/cooling
• Entertaining deck overlooking the spacious backyard
• Established gardens
• Storage shed with shelving

Superbly Located

• Approximately 360m to Capel Sound Foreshore
• Approximately 1.1km to Vern Wright Reserve
• Approximately 2.9km to Rosebud Plaza Shopping Centre
• Approximately 2.4km to Eastbourne Primary School
• Approximately 2km to Rosebud Secondary College
• Close to local cafe's, restaurants and public transport

Whether you're looking to invest immediately with an established tenant in place, secure a charming beachside home for the future, or explore the site's development potential (STCA), this character-filled property presents an outstanding opportunity in one of Capel Sound's most sought-after locations.
Type
House
Bedrooms
3
Bathrooms
1
Area
0.0

Map & nearby places — 19 Grenville Grove, Capel Sound VIC 3940

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