Frankston 4 The Glen
Magnificent Potential-Calling All Developers and Investors.
*Due to the recent restrictions, if you wish to view this property, please contact Adam Miller via email or phone to organise a suitable time*
With development potential for up to 3 units (STCA), this large home is situated on a healthy 1010m2 (approx.) and was purchased back in 2007 with existing plans and permits for 3 units, (now expired and STCA).
The existing home is in original condition and currently tenanted at approx. $420 per week. And includes a 3 bedroom BV home with a spacious formal lounge/living room, kitchen with gas appliances, two bathrooms and two car carport.
This home is located in a court, on a level block with a spacious back yard and represents great value with the potential ability for an investor to buy now, “Land Bank” and develop later (STCA).
NOTE: the plans and permits attached are for concept information purposes only and have now expired, please do your own due diligence when determining whether this property is right for you. (All new submissions would be Subject to council approval STCA).
Located close to John Paul College, parks public transport, sporting facilities, local shopping complex, and minutes to Frankston CBD & Karingal Hub, plus local pristine beach's. Just minutes from Peninsula & East link making easy access to all that the Peninsula and surrounding areas has to offer.
Be Quick this property will not last long.