1 Kenilworth Avenue, Frankston VIC 3199

Developer's dream with room for 6 dwellings

This property is available for private one-on-one inspections. It is a requirement for buyers to book an appointment before attending any inspection - Please click the "REQUEST AN INSPECTION" button to book your private one-on-one inspection.

Please note Photo ID is required for all inspections.

Situated on an exceedingly rare 1503m2 (approx) allotment, opportunity knocks to redevelop this blue-chip site into 6 x 2-storey townhouses (STCA), with earlier plans already drawn up.

Walking distance to the Frankston Heights shops, local primary school and Leawarra Station, the property is currently leased for $840 a week on a month-by-month basis, offering plenty of scope to continue earning as you await new permits or redesign the plans to your greater vision.

The 3 dwellings now on the site comprise 8 bedrooms and 4 bathrooms in total. For those looking to lease long term and landbank this huge parcel for the future, sizeable updates would be required.

Opposite the recreational facilities of Jubilee Park, this property is well located for a broad range of residents so close to Karingal Hub, Bayside Shopping Centre, Frankston city centre, Monash University, Frankston Hospital and just 45 minutes' drive to Melbourne.

Should you require any further information, please do not hesitate to contact Ashley Weston on 0439 101 677 or Ellis Schofield on 0431 063 163 anytime.

If you are not showing any signs of being unwell and have not travelled overseas in the last 14 days or been in contact with someone who has, inspections are encouraged and most welcome. We may respectfully decline access to certain attendees if we feel it is in the best interest of our clients and the greater community.

You must pre-book to attend an inspection.