37 Williams Street, Frankston VIC 3199

Boasting approx. 1252m2 of absolutely prime central Frankston real estate , this development site with unlimited potential is without doubt the best opportunity in this blue chip locale . With approx. 26.7% growth in the last 12 months ( REIV figures) and so much growth forecasted, this site is central to all and is the perfect position to build these brilliantly designed town houses. All of the 5 dwellings will be double storey and the details to each are below.
The land comes complete with a dwelling on it which is returning $1473,00 per month tenants are currently month to month.
Situated in the heart of Frankston: Walking distance Beach, Central Frankston, Train Station, Frankston TAFE, Frankston Uni, Frankston Hospital, Frankston Private Hospital, Botanical gardens, Beauty Park, Victoria Park
SITE STATISTICS:
Site Area 1244.7m2
Townhouse 1 ground floor 67.4m2
Townhouse 1 upper floor 82.6m2
Porch 3.4 m2
Alfresco 1* 9.6m2
Garage 1 39.4m2
Townhouse 2 ground floor 50.2m2
Townhouse 2 upper floor 58.4m2
Porch 3.7m2
Garage 2 29.9m2
Townhouse 3 ground floor 52.2m2
Townhouse 3 upper floor 58.4m2
Porch 3.7m2
Garage 3 27.7m2
Townhouse 4 ground floor 78.6m2
Townhouse 4 upper floor 60.6m2
Porch 3.0m2
Garage 4 40.5m2
Townhouse 5 ground floor 88.1m2
Townhouse 5 upper floor 57.9m2
Porch 3.0m2
Garage 5 39.7