1, 2 & 5/36 Fairway Street, Frankston

Rare Title-Holding Opportunity: Prime Block with Six Units!

Sold$950,000

Bed
12
Bath
6
Car
12
Land
1169 sqm
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Discover an exceptional investment opportunity with this prime block of land featuring six well-maintained rental units (seperate titles), currently generating an impressive rental yield of over 5%. This property not only offers immediate cash flow but also presents a unique title-holding opportunity for developers and investors alike.

Envision the future! With ample space for expansion, you have the potential to add more units (STCA), tapping into the increasing demand for housing in this vibrant area. Alternatively, consider a redevelopment project to unlock even greater value—transforming this site into a modern residential or mixed-use development.

Strategically located and brimming with possibilities, this property is a rare find in today's market. Whether you’re a seasoned developer or an astute investor looking to diversify your portfolio, this is your chance to make a lasting impact.

Don’t let this opportunity pass you by! Contact us today to explore the potential and secure your stake in this promising venture!

Property features:

  • Heating
  • Built-in Wardrobe
  • Close to Transport
  • Close to Shops
  • Close to Schools

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1, 2 & 5/36 Fairway Street, Frankston