43 Kareela Road, Frankston VIC 3199

Inspection via private appointment only. Please contact Aaron Froling.

Here is a wonderful opportunity to obtain a development site with awesome potential. With land measuring 1036m (approx) with a three bedroom house already on it, you could choose to keep it as it is, renovate the house, knock it over and build your dream home or seize the opportunity to build 4 double storey townhouses (2+3 bedroom) as plans and permits are provided.

Located just two doors from Kareela Reserve and Kareela Road shops. Plus just minutes away, there are schools, Ballam Park & Karingal Hub.

The current house comes with an updated kitchen looking over dining room and a massive lounge/rumpus room. There is a large undercover alfresco area to one side of the house and a double carport to the other that you can drive through to the back yard. It comes a garden shed and another huge double carport with garage/workshop which would be perfect for a car enthusiast/boat or caravan storage.

Currently leased for $1630 month ($375 week) expiring 29/1/2023. That gives you plenty of time to shop around for builders.