23 Margate Avenue, Frankston VIC 3199

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