23 Margate Avenue Frankston, 3199 VIC

Large Block 2 Titles

7 7

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 $170-$190 per week. Approximate Gross Weekly Return of $1205

For a Private inspections, please contact Theresa Huynh on 0450 551 959

For Sale P.O.A.

Inspect

Inspection of this property is available strictly by arrangement only.

Contact


Century 21 Theresa Huynh Theresa Huynh
6/64 Buckingham Avenue
Springvale VIC 3171
 
Phone03 9547 7222