Here’s a potential development site or investment opportunity that needs to be on your immediate inspection list. Positioned on the high side of the street this elevated allotment measures a generous 642m2 fit for a new group of units/townhouses to be constructed (S.T.C.A.).
An original three bedroom home currently sits on the property commanding $956.00 per month rental return. Further renovation to the existing residence could prove fruitful with its already solid construction and interesting floorplan.
Beach Street shopping strip is just around the corner and a short walk to the heart of vibrant Frankston is within minutes where every mode of transport is at your disposal. Local schools, sporting grounds and Eastlink/Freeway accessibility are all nearby in addition to the sandy shores of the local beach.
Be close to everything in this prime residential area, it’s just so convenient!