This property is a unit situated in 1/TP701074 Frankston VIC. Similar properties have sold for approximately $865,000. Constructed in 1970, featuring 8 bedrooms and 4 bathrooms.
Four Single Level Villas & One Amazing Opportunity Individually titled and set across a huge combined allotment of approximately 946 m2, this tightly held investment opportunity is sure to suit those seeking a strong return with exciting future prospects, all literally steps to every amenity Frankston has to offer. Each of the four oversized villa units has been well maintained and offers two spacious bedrooms (each with a built in robe), central kitchen/meals area, separate living room, plus a central bathroom / laundry. Private courtyards provide a space to entertain, whilst a carport offers an off street car space for each unit. With an estimated weekly rent of $330 per unit, the total potential return is approximately $63,360 per annum. Suited for the long-term investor or those seeking a property to modernize/renovate and re-sell at a later date. This outstanding offering is made even better by its prime position only steps to Frankston Train Station, Bayside Shopping Centre, The Beach & Frankston Hospital.