40 Kareela Road, Frankston VIC 3199

A prime corner allotment with plans and permits already approved for a dual-occupancy, this 721sqm (approx) property with an existing two-bedroom dwelling is an exceptional find for savvy developers ready to dive straight into their next project.

Wonderfully situated within easy reach of major shopping centres, a broad selection of schools, Monash University and the Peninsula Link freeway for an effortless 45-minute trip to Melbourne, contemporary homes in this locality would appeal to an enormous market, promising a fast and lucrative turnaround.

The existing residence offers its own sweet charm and rentability featuring two separate living areas, as well as ensuites off both bedrooms including the master with corner spa bath, while the front and rear alfresco areas provide lovely outdoor relaxation options to capture both the morning and afternoon sunshine.

A golden prospect in a booming location for developers, investors, renovators or first-home buyers, the property includes ducted heating, lock-up garage and rollerdoor access directly off Ellis Street for boat/trailer parking, or second driveway for a dual-occupancy build.

Should you require further information or would like to arrange a private inspection, please call Daniel Condon on 0438 866 486.

Please note photo ID is required at all inspections.