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14 Macorna Street, Frankston, VIC 3199
Endless Opportunity
SALE BY FIXED DATE: Monday, May 31st, 5pm Reflecting the tranquillity of neighbouring parklands and just an easy stroll to the vibrant Frankston CBD or popular Foot St shops, this solidly built brick and tile home will appeal to investors and renovators seeking prime location. Positioned perfectly within the sought-after Frankston High School Zone, and only a short distance to the best of everything Frankston has to offer, is right on your doorstep. The main home includes solid timber floorboards throughout and 3 generous sized bedrooms, main bathroom, open plan dining and lounge, separate laundry, kitchen and 2 toilets. The 589sqm allotment (approx.) also includes 2 individual bungalows with bathrooms; completing bed and breakfast style accommodation between the 5 bedrooms, with the potential for up to 5 separate tenancies. The current property makes this an appealing investment for the astute investor. Further opportunity exists to renovate and add value or redevelop (STCA). Located in a quiet road only catering to local traffic, you can walk into town for dinner and a movie, enjoy a picnic at the George Pentland Gardens or enjoy one of The Peninsula's most famous beaches. Current rental income = $683 per week (3 tenants) Potential rental income = $973 per week (based on 5 tenants)
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14 Macorna Street, Frankston, VIC 3199
Endless Opportunity
SALE BY FIXED DATE: Monday, May 31st, 5pm Reflecting the tranquillity of neighbouring parklands and just an easy stroll to the vibrant Frankston CBD or popular Foot St shops, this solidly built brick and tile home will appeal to investors and renovators seeking prime location. Positioned perfectly within the sought-after Frankston High School Zone, and only a short distance to the best of everything Frankston has to offer, is right on your doorstep. The main home includes solid timber floorboards throughout and 3 generous sized bedrooms, main bathroom, open plan dining and lounge, separate laundry, kitchen and 2 toilets. The 589sqm allotment (approx.) also includes 2 individual bungalows with bathrooms; completing bed and breakfast style accommodation between the 5 bedrooms, with the potential for up to 5 separate tenancies. The current property makes this an appealing investment for the astute investor. Further opportunity exists to renovate and add value or redevelop (STCA). Located in a quiet road only catering to local traffic, you can walk into town for dinner and a movie, enjoy a picnic at the George Pentland Gardens or enjoy one of The Peninsula's most famous beaches. Current rental income = $683 per week (3 tenants) Potential rental income = $973 per week (based on 5 tenants)