127 Beach Street, Frankston
SOLD OUT - Block of 3 x two bedroom apartments with car space and 1 x three bedroom apartment available in Frankston for $177,000 to $210,000.
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PROPERTY OVERVIEW
Frankston is located 40 km southeast of the state capital Melbourne at the southernmost edge of Greater Melbourne, near the beginnings of the Mornington Peninsula. Due to its location at the northernmost point of the peninsula, it is often referred to as the "Gateway to the Mornington Peninsula". It has a median unit price of $280,000 and at the 2006 Australian Census, Frankston had a population of 34,457. The town has seen massive changes over the last few years, with improvements to the foreshore, shopping village, hospital and main streets. A new entertainment hub with restaurants, bars and cinemas has invited vibrant nightlife, while extensions to Bayside Shopping Centre have attracted new department and specialty stores.
The details of this opportunity are listed below.
- Block of 3 x two bedroom apartments with car space and 1 x three bedroom apartment
- 10% deposit, estimated around $250K (2 bedrooms) and $300K (3 bedrooms)
- Rental $250+ per week when block renovated.
Buyer's Agents - Vendor's Advocates - Property Management
