Enjoy immediate rental income from day one with this classic three-bedroom residence – the ultimate ‘set and forget’ investment in the coveted “Golden Triangle” of Frankston North. Featuring a substantial 636sqm (approx.) allotment and a wide 18.5m (approx.) frontage, this property offers a rare opportunity to renovate the existing home while building an additional dwelling on the back (STCA).
Currently home to reliable, long-term tenants who wish to remain, this is a secure and seamless addition to any portfolio that provides both immediate stability and significant future development potential.
Property Features:
● Large 636sqm Block: Expansive allotment providing plenty of space for future growth or a large family backyard.
● Wide 18.5m Frontage: Substantial frontage offering excellent accessibility and future potential to renovate, upgrade, or build an additional dwelling on the back (STCA).
● Climate Control: Spacious central lounge equipped with split-system heating and cooling.
● Functional Kitchen: Family-sized kitchen and dining area featuring a gas cooker and ample cabinetry.
● Three Large Bedrooms: Generously sized bedrooms served by a central bathroom with a separate toilet.
● External Storage: Secure backyard housing two large garden sheds.
Location Highlights:
● The Golden Triangle: Positioned in the most sought-after pocket of Frankston North, directly across from Monterey Community Park and the Pines Forest Aquatic Centre.
● Educational Hub: Minutes from high-demand schools, including Mahogany Rise Primary, Aldercourt Primary, and Monterey Secondary College.
● Transport Connectivity: Moments from Peninsula Link and the Frankston Freeway for a seamless commute to the CBD or Mornington Peninsula.
● Ultimate Convenience: Easy access to local shops, community centres, and public transport networks.
Secure your position in the area’s most sought-after pocket and capitalise on the significant upside this versatile 636sqm (approx.) site provides.