Located in the heart of Frankston's thriving CBD, this 3-bedroom, 1-bathroom home offers a secure investment with exciting future potential. Currently leased until February 2025 with a reliable tenant in place, this property provides a steady rental income.
Perfectly positioned within walking distance to all amenities, including shopping, public transport, and the stunning Frankston beach, it's an ideal location for both convenience and lifestyle.
The real opportunity here lies in the property's development potential ? With the possibility to sub-divide into two separate lots (STCA), making it an incredibly lucrative prospect in this prime location.
Please note, the photos featured are from a previous campaign in 2021. The home has since been lived in and will require some TLC to restore it to its full potential.
Don't miss out on this rare investment opportunity with fantastic upside potential.
Contact us today for more details!
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.14 km | 3 | 2 | -m2 | 2024 12 14 | $880,000 | Council approved | |
 | 0.24 km | 1 | 1 | -m2 | 2024 08 28 | $325,000 | Council approved | |
 | 0.04 km | 3 | 1 | -m2 | 2024 08 14 | $685,000 | Council approved | |
 | 0.20 km | 3 | 1 | 130m2 | 2024 08 04 | $650,000 | Council approved | |
 | 0.26 km | 1 | 1 | 56m2 | 2024 07 25 | $312,500 | Council approved |