Here lies an opportunity not to be missed for all developers/investors. Set within Central Frankston’s ever popular growth pocket, is this fantastic parcel of land with an existing 2 bedroom weatherboard home bringing you in rent while you get all planning and approval in (S.T.C.A.). Positioned so well, and close to all that Frankston has to offer including Frankston’s CBD, Beaches, Train Station, Public Transport, Schools, Monash University, TAFE and Easy access to the Frankston freeway, Eastlink and Peninsula Link (by 2013).

Feature include

* Business 5 Zone (B5Z), Build up to 14m in height. (S.T.C.A.)
* Set on 822sqm (approx) of land
* 2 bedrooms, master with built in robes.
* 10Ft ceilings.
* Large lounge and dining areas.
* Kitchen with gas cooking and plenty of cupboard space over looking the back yard.
* Family bathroom with bath, shower and vanity.
* Large separate laundry and toilet.
* Gas heating.
* 3×5 meter garden shed.
* Current rental return achieving $913pcm.

Call now to secure your private inspection, astute developers/investors should be aware this one will not last long!!