Main view of Homely house listing, 26a Queen Street, Frankston VIC 3199
Second view of Homely house listing, 26a Queen Street, Frankston VIC 3199
Floorplan of Homely house listing, 26a Queen Street, Frankston VIC 3199
Third view of Homely house listing, 26a Queen Street, Frankston VIC 3199
Fourth view of Homely house listing, 26a Queen Street, Frankston VIC 3199
+5

26a Queen Street, Frankston VIC 3199

Buy It Now $665K

6 Bed  •  2 Bath  •  4 Car  •  870m²

View the statement of information

Next inspection:

Property type: House for sale

House description

“Income producing potential”

*Due to the recent restrictions, if you wish to view this property, please contact Paul Gilderdale via email or phone to organise a suitable time*

When everyone is looking for other income generating investment options to substitute their retirement or salaries, this fully council approved rooming house has the potential to earn up to $45,000 gross pa. (Potential 6% gross pa* with long term growth potential too).
Positioned in central Frankston, within walking distance to beach, train station, Monash University and Chisholm Tafe.
This is an amazing time to buy and “Vendor says sell”

Situated on a massive 870m2 (approx.) with a functional floor plan and ability to adapt!
Features include:
• Off road parking at rear
• Only 45min to Melbourne CBD
• Ideal for the savvy investor, land bank, renovate (STCA)
Please do not enquire unless you have checked you have pre-approval to borrow for an existing rooming house.
Section 32 is available on request.
*Please do own due diligence via your legal representative and financial planner prior to considering this property and future potential*
Buy It Now $665K no lower offers will be accepted and preferred finance borrowing of up to 60% max).

Land details

Area: 870m²

Documents

Statement of Information: View

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Paul Gilderdale

hockingstuart - Frankston

Paul Gilderdale

hockingstuart - Frankston

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Fifth view of Homely house listing, 26a Queen Street, Frankston VIC 3199
Sixth view of Homely house listing, 26a Queen Street, Frankston VIC 3199

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Buy It Now $665K

6 Bed  •  2 Bath  •  4 Car  •  870m²