40 Heatherhill Road
Frankston vic 3199

Deposit: 5/10%

Settlement: 30/60/90 days

Rent: Currently tenanted at $770 P/W (approx)

Land Size: 777m2 (approx)

School Zone: Frankston High School

Introducing an exceptional investment opportunity on Heatherhill Road – a property that boasts two separate dwellings on one title, perfect for investors or home buyers seeking additional accommodation for extended family. The front house features three spacious bedrooms and one bathroom, while the second dwelling offers a comfortable one-bedroom, one-bathroom layout. Both properties are currently tenanted, generating a combined rental income of approximately $695 per week, with a scheduled rent increase in September, making it a lucrative prospect for savvy investors.

Situated on a generous 777m2 block within the coveted Frankston High School Zone, this property offers immense potential. While it is in need of some work, it presents a fantastic canvas for those looking to add value and create their ideal living space. Each dwelling is equipped with heating and cooling systems, ensuring year-round comfort for the occupants.

Location is key, and this property excels in convenience. Within walking distance, you'll find Monash University, local shops, Jubilee Park, Ballam Park, and Frankston Hospital. A short drive will take you to the vibrant Frankston CBD, the beautiful beach, and the Frankston Train Station, providing easy access to everything you need.

Whether you're an investor seeking a high-yield property in a prime location or a home buyer looking for additional accommodation options, this unique offering on Heatherhill Road is not to be missed. Embrace the potential and seize this opportunity to secure a versatile property in the heart of Frankston.

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.