Ripe for the Picking
In real estate it's always been about location and this site has got it in spades. Set in the heart of Frankston with approximately 520m2, this site offers a unique opportunity indeed.
Being well within the Higher Density Residential Growth Area, zoning should allow you up to two units, 4 stories high (S.T.C.A.).
The property is just a short walk to the ever popular Peninsula Aquatic Recreation Centre (PARC), Frankston CBD, station, Beach Street shops, Chisolm TAFE, bus service, Hospital, and one of the best beaches on the Peninsula.
There is currently a run down 3 bedroom weatherboard home on the block with a separate garage that can be renovated or detonated depending on your desires.
As stated earlier, this is one unique opportunity and once it's gone, it's going to be very hard to find something similar.
Call John Lewis on 0423 487 266 for more information.
Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Estimated monthly repayments based on advertised price of $700000.
Interest Rate (p.a)