Multi Development Site (STCA)
6-12 months settlement Terms!!
Very rarely does an opportunity like this arise, the chance to own a potential Subdividable, up to 7 Unit Site (STCA), situated on approximately 1700 mtrs2 Double Block in Frankston South, with Sweeping Bay Views, in the Frankston High School Zone, Corner Position and with an Existing 3 bedroom Family Home.
This is what you have been waiting for, where else can you have the chance to own a property like this that ticks all the boxes.
Opportunity knocks with this potentially easily rentable three bedroom family home in Frankston South and in the heart of the Frankston High School Zone.
This original home includes three good size bedrooms, large bright lounge and dining room with Bay Views, a neat tidy bathroom and kitchen, and double garage nestled under the house, with rear and front driveway access.
Whether you choose to rent out and develop at a later stage and watch you potential grow, or demolish and start developing immediately (STCA), the possibilities are endless.
Features include
-Beautiful Bay Views
-Approx. 1700 SQM of prime South Frankston Land
-chance to Land bank or develop up to 7 units(STCA).
- Develop a possible mixture of 2 & 3 bedroom designs, single and double storey (STCA).
- Frankston High School zoned
- Approx. 3.5 km to Peninsula link access
-Existing expected rental return up to $350per week.
- Short walk to Foot street and Towerhill Road shops
- Close to Monash University and Frankston Hospital
Calling all developers and Investors, investments like this are becoming hard to find, so put your best foot forward with this great opportunity...
Lot/Plan No: 1/LP221335