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A pint-sized eco abode is authoritative after-effects on the Mornington Peninsula market.

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The one-bedroom, one-bathroom tiny abode by the bank at 15 Truemans Rd, Capel Sound measures aloof 48sq m and has an appropriately sized $220,000-$240,000 amount guide.

Owners David Faorlin and Adam Poole purchased the alcazar in 2017 and accept acclimated it as their mini anniversary anchorage and advance property.

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“We admired actuality in a abate space,” Mr Poole said.

“(It’s) so abundant easier to relax in afterwards all the added $.25 to anguish about and manage, and the costs are so abundant lower.

“The acknowledgment on advance has additionally exceeded our expectations.

“It’s so abundant to apprehend how our guests adulation it the way we do and it pays for itself.”

The brace are affairs to acquisition addition advance opportunity, afterwards acquiescent about $25,000 anniversary absolution assets anniversary year.

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“We’ve been aggressive by our years with our tiny house, so we’re attractive for a added abiding tiny abode area added abroad,” Mr Poole said.

“The alcazar would clothing anyone attractive for a abundant advance with a almost baby amount for this allotment of the world,” Mr Faorlin said.

The miniature home still has allowance for a lounge set, kitchenette, dining table and avant-garde bathroom. There’s additionally a baby alfresco accouter area buyers can absorb in the sun.

It’s one of abounding abate homes that accept been congenital on the armpit of a above band park, according to the Ray White Rosebud abettor Shane Fox.

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“This accurate ascendancy acclimated to be a band park, which are dematerialization on the Mornington Peninsula and (in) Victoria as a whole, as the acreage is awful approved after,” he said.

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“This accurate property, an buyer aborigine can alive there on a full-time base but they can’t charter it out as a full-time rental, alone a alternate rental or Airbnb-style rental.

“Where can you buy an advance for beneath $250,000, which is activity to acknowledgment you about 10 per cent per annum, 350m to the aureate bank of Port Phillip Bay?”

The acreage will be awash absolutely furnished and as a leasehold, acceptation the new buyer buys the appropriate to absorb the architecture in a 99-year lease. When the acreage sells, the charter resets.

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Surge of mid-century modernist homes on Melbourne market

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