Set in the coveted Frankston High School zone within walking distance of shops and buses, this amazing site is ripe for the builder / developer to realize a fantastic profit as the hard work in obtaining a permit has been done. There is a fantastic mix of 2 and 3 bedroom units of both single and double storey designs with great floor plans. Given the high demand for new units in this top location, selling the finished product will be a breeze.
The existing four bedroom home sits on more than half an acre behind wrought-iron gates and bluestone pillars. The sensational family home features two large living areas that open onto a huge entertaining deck with tree-top views over the pool and tennis court, a fantastic bar and a canopy-style open fireplace for real winter ambience.
There is also a separate formal dining room and an updated modern kitchen with stone benchtops, stainless steel cooking appliances and a dishwasher.
So realize and build now or land bank and collect $500 per week in rent (current tenant in place), either way you can’t go wrong with this South Frankston gem! Call today for detailed copy of plans and permits.