18 Petrie Street, Frankston 3199Sold

$680,000 - $730,000
3 2 1

Position Perfect Approx 967 sqm with 2 Dwellings!

Closing Date Sale Tuesday 27th October 2020 at 6 pm (unless sold prior)

Outstanding superbly located allotment with potential for development (subject to council approval), that great investment to set and forget or the opportunity to live and have separate in-law or teenage accommodation.

Set on approx. 967 sqm in a premium position within walking distance to Frankston Central including Bayside Shopping Centre, the beach, TAFE, railway station, public transport and recreation facilities.

Featuring two stand alone dwellings each with a tenant returning $550 per week in total.
Residence 1 - Front low maintenance character style home incorporates two bedrooms with a large spacious kitchen and living area. Gas ducted heating with polished boards. Spacious central bathroom with oversized laundry. Rear bungalow within a fully enclosed private yard plus single carport.

Residence 2 - Rear cottage style with separate entrance ensuring privacy. Large living room with a spacious kitchen with separate single bedroom. Separate toilet and bathroom facilities.

Unique opportunities with potential like this are rarely found. Frankston is experiencing strong growth and properties like this in such highly sought after locations offer the astute investor or developer a golden opportunity.

Bond amount:$1,390.00


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