48 Margate Avenue
Frankston vic 3199

Deposit: 5/10%

Settlement: 30/60/90 days

Land size: 764m2

Tenancy: month-to-month lease

Council rates: $2300 P/A (approx)

Nestled in a sought after part of Frankston, this property presents an exceptional opportunity for those with a vision. Consisting of 2 bedrooms and 1 bathroom, the home is in its original condition, offering a blank canvas for renovation and transformation. The expansive 764m2 (approx) land provides ample space for those looking to keep the existing front house and build a new townhouse at the rear of the allotment, subject to council approval.

Situated within the Frankston High School Zone, this property is in a prime location, within walking distance to Kingsley Park Primary School, Heatherhill Road Shops, and Jubilee Park. Additionally, it's a stone's throw from essential amenities including Frankston Hospital, Monash University, and a short drive to the Beach, Bayside Shopping Centre, Botanic Gardens, Frankston High School, Overport Primary School, and Frankston Train Station.

Currently tenanted, this property is perfect for those seeking their next renovation project or investment opportunity. The potential to add significant value through updates and development makes this an attractive proposition for astute buyers. Whether you are a first-time renovator, a seasoned investor, or looking to create a multi-dwelling development, this property offers limitless possibilities in a prime location. Secure your future in one of Frankston's most desirable areas with this fantastic opportunity.

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.