PERMITS IN PLACE FOR THREE MASSIVE TOWNHOUSES.

Unit 1 4 bedroom 15sq approx
Unit 2 4 bedroom 15sq approx
Unit 3 5 bedroom 16.5sq approx

Situated at the end of a quiet ‘cul-de sac’, opposite parklands and walking distance to Monash Uni.
Rail and buses close by.
Just 5 minutes from the heart of Frankston CBD and 5 minutes from ‘Frankston Power Centre’.
The new $49.7 million Peninsula Aquatic Recreation Centre, is again, just minutes away.
Five minutes to Peninsula Link and five minutes from Karingal Hub and Village Cinemas.

Current Rental Return on existing homes.

6% current rental return (approx)
House – $1735 pcm ($400pw)
Cottage – $1150 pcm ($265pw)

Property Code: 1872