18 Petrie Street
Frankston VIC 3199

Terms:

Deposit: 5/10%

Settlment: 30/45/60 days

Land size: 967m2

School Zone: Frankston High School

We are thrilled to present an exceptional property in Petrie Street, Frankston, offering an unparalleled development opportunity in a highly sought-after location. This sizeable 967m² (approx) allotment comes with plans pending council approval for four three-bedroom townhouses, making it an ideal investment for developers looking to capitalize on the thriving Frankston market.

Currently, the property hosts a one-bedroom, one-bathroom home that is tenanted, providing immediate rental income while you plan your development. This makes it a perfect blend of short-term gain and long-term potential.

Situated within the prestigious Frankston High School Zone, this property is a golden opportunity for families looking to secure a spot in one of the area's most reputable schools. The location further benefits from its proximity to the Frankston CBD, offering a variety of shopping, dining, and entertainment options. The beautiful Frankston Beach and the Frankston Train Station are within walking distance, ensuring easy access to transport and recreational activities.

A short drive will take you to the Frankston Hospital and Monash University, providing essential services and educational opportunities right at your doorstep.

Whether you are a seasoned developer or a savvy investor, this property in Petrie Street, Frankston, presents a chance to secure a prime piece of real estate in a location that continues to grow in demand and value.

Don't miss out on this unique opportunity. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer.

Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.