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Frankston North, 133 Monterey Boulevard

Investment property on development site ready to go!

Price by Negotiation $480,000 - $520,000

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Listing Number: VCD27768
About this listing
Frankston North has gown by 36.97%. Yes 36.97% In the last 12 months*
And it is still THE cheapest suburb I know where you can buy a good quality Brick & Tile home with timber floors on a large block, just 10 minutes to Melbourne best beaches, for around half a million bucks. Madness!

This home was recently tenanted for the last 5 years to one tenant.
Now the owner is offering it with vacant possession.
Our property manager appraised if for rent at approximately $300 per week.
Your yield would be 3.12%, so rent will pretty much cover the loan.
Block size is 584m2 with a large backyard of approximately 300m2 which would suit development subject to council approval (S.T.C.A.). In fact there is a subdivision just 3 doors down.(Number 141)

The home features Large 3 bedrooms & has recently been updated with ...
- New carpet
- Freshly pained
- New panel wall heaters
- New vanity and tiles in the bathroom
Further
- Large updated kitchen
- Like new electric wall oven & gas cook top
- 2 Air conditioners
So hurry... a property like this is a no brainer - a set and forget investment on a large block of land with development potential (S.T.C.A.) in a growth area.
Call Bryce Houston and come to the next open inspection ready to act now!
* Statistics are calculated over a rolling 12 month period - source CoreLogic / RPData.
Open Homes
Thursday 1 Mar 6:00 PM - 6:30 PM
Saturday 3 Mar 2:30 PM - 3:00 PM
Thursday 8 Mar 6:00 PM - 6:30 PM
Saturday 10 Mar 2:30 PM - 3:00 PM
Thursday 15 Mar 6:00 PM - 6:30 PM
Saturday 17 Mar 2:30 PM - 3:00 PM
Property Information
  • Property Type: House
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Contact Details

Harcourts Carrum Downs

3/115 Hall Road
Carrum Downs
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