41-43 Deane Street, Frankston VIC 3199

Perfectly hidden away at the end of the street is this unique investment opportunity with plans/permits for 4 new dwellings. Everything is at your fingertips here - only a minute's walk to Monash University, Frankston Hospital, Frankston Power Centre, Jubilee Park Sporting Complex and the entrance to Eastlink, providing an endless stream of tenants for the savvy investor.

The site currently comprises six units that have been tastefully renovated, all with two bedrooms, one bathroom and a single carport. All units are currently tenanted, achieving between $240-$250pw. The site has further potential for four townhouses to be built at the rear. Rear land area 873sqm (approx.)

- Approx. 150m to Leawarra Train Station
- Approx. 75m to Monash University
- Approx. 250m to Jubilee Park
- Approx. 200m to Frankston Power Centre
- Approx. 800m to Frankston Hospital
- Approx. 400m to Frankston Freeway/Eastlink entrance
- Approx. 1900m to Frankston Beach

With Frankston recognised as one of the growth suburbs of Victoria, you will be hard pressed to find a better investment opportunity.