Development or investment opportunity in Frankston High School zone

Sitting pretty on a tree-lined street within the coveted Frankston High School zone, this 3-bedroom, weatherboard property on a huge 841sqm (approx.) block is full of character and presents great value.

Comprising a spacious living/dining room, a good-sized kitchen with island, and ample storage and benchtops, laundry/shower room with toilet, a spacious master bedroom with high ceilings, large BIRs, ceiling fan, and entry to the family bathroom with corner spa bath/shower, plus 2 further bedrooms with BIRs. There's a surprise at the end of the hall as it opens to a huge lounge with high cathedral ceilings, and a dedicated bar set up in the corner.

As well as a neat front garden, driveway and double carport, out the back there's a vast covered deck on 2 levels, stepping down to concreted area and large lawn giving plenty of space for kids and pets to play, plus 2 sheds.

With nothing to do in the short term and currently tenanted by long-term reliable tenants, this will provide immediate return on your investment. Whether you choose to live in or rent out, the home has long-term development potential, such as renovating to modernise the home, or using the block for dual occupancy or building a new home (subject to council approval).

In walking distance to Frankston High School and Frankston Heights Primary, shops, and playgrounds, and just a short drive to Frankston CBD and beaches, this is a fantastic, much sought-after location, and early inspection is recommended.

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161