Opportunity is knocking at your door! Ideal building site with existing residence plus approved building plans and permits (STCA) available for a second 2 bedroom residence. With clear instructions to sell, this perfectly positioned property is located in the highly sought after pocket of Frankston South within the Frankston High School zone. Close proximity to Frankston CBD, foreshore, Frankston Hospital, TAFE, Monash Uni and public transport. An existing, well presented 3 bedroom, 2 living, 1 bathroom residence makes this an ideal rental investment. Estimated rental return of approx $ 1214 per calendar month. The approved plans for the second residence is 2 bedrooms, open plan living, separate laundry, single garage and alfresco area. Set on a level allotment of approximately 750sqm, this property is prime for re-development.