73 Monterey Boulevard, Frankston North VIC 3200

On a generous ~725 sqm (approx.) block, this three-bedroom residence combines immediate comfort with outstanding scope for the future. Bright, inviting interiors flow through practical living spaces, while the expansive backyard sets the stage for a renovation, an inspired extension, or a complete redevelopment (STCA). Already returning $2,390 per month ($550 per week approx.) with reliable tenants, it offers both a turnkey investment and a rare opportunity to unlock serious long-term growth in one of Melbourne’s fastest-rising corridors. Property Features -Light-filled lounge framed by polished hardwood floors -Kitchen/meals zone with gas cooking and scope to modernise -Three well-sized bedrooms with plush carpets -Central bathroom with shower-over-spa + separate toilet -Full-sized laundry for convenience -Fresh paint, new blinds & ducted heating throughout -Covered patio ideal for entertaining -Expansive backyard offering space for extension or subdivision (STCA) Location Features -5 min walk to Monterey Community Park (500m) -6 min walk to Pines Forest Aquatic Centre (500m) -7 min walk to Mahogany Rise Primary School (500m) -8 min drive to Bayside Centre (4.5km) -8 min drive to Frankston Station (4.4km) -11 min drive to Frankston Beach (5.1km) -12 min walk to Monterey Secondary College (950m) A home with present-day liveability, a healthy rental yield, and a block brimming with potential — 73 Monterey Boulevard is the smart choice for first-home buyers, investors, or developers looking to capitalise on land, location, and growth.