Australia

BUILDING WEALTH - $330000

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Description

Old weatherboard home divided into two residences leased out individually right in the heart of town. Combined rental of $13,500 approx. per annum with both tenants wanting to stay on. Located in behind fire station, short stroll to Frankston Hospital, the land is approx. 650sqm. Option 1 would be to renovate the house and potentially increase the rental return. Option 2, knock the house down and build 2-3 upmarket townhouses (STCA). Buyer demand will be strong!

Was for Sale


Place: 10&10A Dell Road, FRANKSTON, VIC, Australia, 3199 Average Price in FRANKSTON ...