23 Margate Avenue
Frankston, VIC, Australia

MLS#: 577593

P.O.A.

  • Bedrooms
    7
  • Bathrooms
    7
The details

Property features

Area

  • Land/Lot size: 1,620m²
  • Bedrooms: 7
  • Bathrooms: 7
  • Total rooms: 14

Description

Large allotment (double block) opposite Bruce Park Playground and a short distance from Frankston Heights Primary school, Monash University (Frankston Campus) and a short drive from Frankston Shopping Centre and Beach.
The two blocks have a combined frontage of approximately 35.1 and a depth of 46.2 making it a versatile block for new developments (STCA)
Formely a child care centre the building is positioned to allow a large rear yard as a playground. In recent years this building has been cleverly converted to an seven-bedroom dwelling, each with their own bathroom facilities, air-conditioning, kitchenette and rooming house approval to provide individual leases for students and others within the community.
Individual room rents vary from $170-$190 per week. Approximate Gross Weekly Return of $1205
For a Private inspections, please contact Theresa Huynh on 0450 551 959

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Location

Frankston, VIC, Australia