{"Slug":"house-44-grenville-grove-capel-sound-vic-3940-5","CanonicalUrl":"https://realsearch.com.au/house-44-grenville-grove-capel-sound-vic-3940-5","Address":"44 Grenville Grove, Capel Sound VIC 3940","Suburb":"Capel Sound","State":"VIC","Postcode":"3940","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"836sqm (Approx.) with Approved Plans for 3 Double Story Town Houses each comprising of 4 bedrooms , two with ensuites and a third central bathroom.An exceptional opportunity to secure a prime 836sqm (approx.) level allotment just two streets from the Capel Sound foreshore.Offering strong fundamentals for immediate development 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:* Zoning: Residential* Orientation: North-facing yard* Topography: Flat, semi-cleared and fully fenced* Approved council plans for a Multi-dwelling townhouse project * Approved plans provided at settlement* Endorsed plans will be provided at settlement* Low site constraints - ideal for efficient design and build outcomesCapel 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:* Walk to beach, foreshore and Bay Trail* Walking distance to Capel Sound village cafés, retail and services* Close to Rosebud Activity Centre and Peninsula Link* Strong resale and rental demand in established seaside precinctNearby attractions that underpin long-term buyer appeal include:* The Dunes, Eagle Ridge, Rosebud Country Club* The National & St Andrews Beach Golf Courses* Peninsula Hot Springs and Alba Thermal SpringsA 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":895000.00,"Display":"$895,000"},"Bedrooms":"4","Bathrooms":"1","Parking":null,"Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"1"},{"Name":"Area","Value":"0.0"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-38.36849774,"Longitude":144.86549908,"Agent":{"Name":"Shane Fox","CanonicalUrl":"https://realsearch.com.au/agent/shane-fox"},"Agency":{"Name":"Ray White - Rosebud","CanonicalUrl":"https://realsearch.com.au/agency/ray-white-rosebud"},"CreatedAt":"2026-09-07T05:59:46.8370126","UpdatedAt":"2026-10-02T06:59:16.0242191"}