1-3/17 Hillcrest Road, Frankston VIC 3199

2 New apartments and another completely renovated with established tenants, This is a great opportunity to start the investment portfolio with the paperwork to subdivide already started. this established three unit complex (all on the one title )returning a combined $5,043 per/cal month represents a fabulous opportunity to buy some great apartments in the Frankston high school zone.

All currently tenanted, two of the units just under nine years old and immaculately maintained with modern colour schemes unit 3 was just freshly painted and brand new carpet, the kitchens feature ample storage quality appliances including under bench oven, and dishwasher, ducted heating and cooling, separate laundry, ensuite and main bathrooms, leaving only unit 1 the original house which was fully renovated earlier on with an extra large double garage and secure private court yard.

By shoring up this substantial 955m2 (approx) bayside holding today you can sit back and enjoy competitive returns as this ultra-convenient cul-de-sac is not to be missed.

With all amenities at your finger tips such as Frankston High School and Frankston Heights Primary School, Bruce Park Reserve, Frankston CBD, train station and our pristine beach are also close by plus easy access to Freeways/Eastlink.

FEATURES
Unit 1: 2 bedrooms, 1 bath, 2 car, private court yard $1,521.00per/cal/month
Unit 2: 2 bedrooms, ensuite, bathroom, 1 car, private court yard $1,564.00 per/cal/month
Unit 3: 3 bedrooms, ensuite, bathroom, 2 car, private court yard $1,955 per/cal/month

Inspections by appointment only.