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Amazing development opportunity in Frankston North

64 Forest Drive FRANKSTON NORTH

This Frankston North home will delight eager renovators, astute investors and avid property developers alike. The three-bedroom, one-bathroom abode is currently rented until 11/03/2022 and yields an impressive $310 p.w. meaning you can enjoy an instant return on your investment.

Timber floors flow throughout much of the light-filled layout with a good-size living room and a combined kitchen and dining area. All the bedrooms are spacious and conveniently located just steps from the bathroom with a separate toilet.

The large 591sqm block offers an expansive yard and is bursting with future development potential (STCA).

Bus stops, parks and the Pines Forest Aquatic Centre are within easy reach as are the Monterey Secondary College and the Mahogany Rise Primary School. Shops, the Peninsula Kingswood Country Golf Club and the beach are at your fingertips and you’re less than 45 minutes from the hustle and bustle of the Melbourne CBD.

** Are you eligible for the Victorian Government Home Buyers Scheme? Receive 25% of the purchase price from the Government!! see details and criteria here: sro.vic.gov.au/homebuyer

Features

  • Air conditioning
  • Floorboards
  • Ducted heating

Location

3D Walkthrough

Crowd Seller Incentive ???

$608,000 - $672,000

  • Property Type House
  • Bedrooms 3
  • Bathrooms 1
  • Garage Spaces 0
  • Other Car Spaces 2
  • Land Size 591 m2  (Approx)
Views

Property Views

  • Total Views 2921
  • Crowd Seller Referals 1513
  • On-site Inspections 4
  • Watchlisted 5
5 people watchlisted this property