25 Coolgardie Street, Frankston North VIC 3200

Set on a spacious 603m2 (approx) allotment in steps to parks, schools, shops and transport, this three-bedroom brick classic offers a well-situated start for new buyers or a central site to subdivide or redevelop with a brand-new home (STCA).

Currently rented to a reliable tenant who's happy to continue the lease, the property will also delight investors seeking a set-and-forget opportunity in a box-ticking location.

A short stroll to Mahogany Rise Primary School, Monterey Secondary College, the Forest Pines shopping strip, the aquatic centre, the community park and sporting fields and footsteps to the bus stop, this location suits every age and stage and is always in high rental demand.

The single-level red-brick home set behind fruit trees features a sunny living room with timber floor and wall panelling and an original 1970s kitchen with a gas stove, which is perfectly functional as it awaits a modern makeover.

The three bedrooms with timber floors share a bathroom with separate toilet via the laundry, while outside a semi-enclosed alfresco area steps down to a garden patio lightly shaded by mature trees, offering a tranquil locale to relax and spark up the firepit after dark.

Around 45-minutes' commute to Melbourne and practically adjacent the golf course, the property includes a single garage, a shed and exciting scope for a full renovation in walking distance to all amenities.