Main view of Homely blockOfUnits listing, 30 Gweno Avenue, Frankston VIC 3199
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Fourth view of Homely blockOfUnits listing, 30 Gweno Avenue, Frankston VIC 3199
Fifth view of Homely blockOfUnits listing, 30 Gweno Avenue, Frankston VIC 3199
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30 Gweno Avenue, Frankston VIC 3199

$1,170,000 - $1,270,000

2 Bed  •  1 Bath  •  2 Car  •  910m²

View the statement of information

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Property type: Block of Units for sale

Block of Units description

“Investor Alert - 4 Olivers Hill Units”

A rare find in refined territory, this 4-unit allotment atop Olivers Hill offers an incredible investment opportunity by the beach in one of Frankston's most exclusive precincts.

This 910sqm (approx) allotment captures a privileged position within the Frankston High School Zone and less than 5 minutes' drive to Frankston Station, Frankston's medical and arts precincts, PARC, schools and more.

Beachside of Kars Street and 5 minutes' walk to the foreshore, this is a prime position for anyone seeking to landbank for the future while reaping rental returns.

The north-facing site comprises a 2-bedroom unit at the front and 3 x 1-bedroom units behind, in a quiet street leading to the top of Olivers Hill and discreetly to the beach via Somme Laneway.

Each independant unit includes a car park, all are currently tenanted (returning approx $54,000 p.a.), and all offer low-maintenance living.

Units 1, 2 and 3 have been renovated and Unit 4 is original. All feature open-plan living and enclosed courtyards.

The renovated units include modern kitchens with dishwashers and stainless steel cookers with gas hobs.

Other features

Property Type: Block of units

Land details

Area: 910m²

Documents

Statement of Information: View

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Steve Foster-Swan

Harcourts - Central

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Sixth view of Homely blockOfUnits listing, 30 Gweno Avenue, Frankston VIC 3199
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$1,170,000 - $1,270,000

2 Bed  •  1 Bath  •  2 Car  •  910m²