Whether you are looking for a family home, savvy investment, or the opportunity to subdivide (STCA) and add an extra townhouse at the rear, this is the opportunity for you! Plans and Permits are in place for a three bedroom, two bathroom dwelling with double lock up garage, at the rear of this 766 sqm approx allotment. The front BV home is an attractive and spacious 3 bedroom, 2 bathroom dwelling. Inclusions are spacious kitchen and meals area, great sized lounge, and gas heating. The home is currently tenanted at $300.00 per week, on a month to month basis, and the family is keen to stay. Situated in a desirable locale with amenities at your fingertips! Walking distance to Heatherhill Road shops precinct, Frankston Heights Primary School, public transport, and a 4 minute drive to Frankston CBD and fabulous foreshore. Boasting close proximity to East Link and the new Peninsula Link access, it makes travelling a breeze on the Peninsula, allowing you to enjoy all it has to offer. Don’t hesitate, call now for an inspection.