23 Margate Avenue Frankston, 3199 VIC
Large Block 2 Titles
Large allotment (double block) opposite Bruce Park Playground and a short distance from Frankston Heights Primary school, Monash University (Frankston Campus) and a short drive from Frankston Shopping Centre and Beach. The two blocks have a combined frontage of approximately 35.1 and a depth of 46.2 making it a versatile block for new developments (STCA) Formely a child care centre the building is positioned to allow a large rear yard as a playground. In recent years this building has been cleverly converted to an seven-bedroom dwelling, each with their own bathroom facilities, air-conditioning, kitchenette and rooming house approval to provide individual leases for students and others within the community. Individual room rents vary from $184 - $230 per week. Approximate Gross Monthly Return of $6360.00
For a Private inspections, please contact Theresa Huynh on 0450 551 959
Sold $1,600,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Theresa Huynh
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Bon Ta