Another Premium Off-Market Result | Sold Before Reaching the Market
Quietly offered off-market, 1/33 Bouvardia Crescent, Frankston North presented a compelling opportunity to secure a fully refurbished front home on a newly subdivided block, with all major works nearing completion.
This solid brick veneer residence was the original front dwelling, with a newly constructed home completed at the rear. The subdivision process was in its final stages, providing the purchaser with clarity, separation and long-term certainty.
Internally, the home had been fully refurbished and comprised three bedrooms, one bathroom, and a practical, low-maintenance layout ideally suited to long-term tenancy. A double carport was nearing completion, while further external improvements, including brand-new boundary fencing and a new driveway, were also close to completion.
The property featured a generous, private and fully fenced front yard, enhancing both tenant appeal and everyday liveability.
The land component comprised approximately 290m², plus a shared common driveway, with only two dwellings on the block. Importantly, there would be no active Owners Corporation, meaning no ongoing Owners Corporation fees.
From an investment perspective, the property was sold with a fantastic long-term tenant already in place until August 2026, providing the purchaser with immediate rental income and the security of an established tenancy.
Key highlights included:
Fully refurbished three-bedroom brick veneer home
Front dwelling on a newly subdivided two-lot site
Subdivision nearing completion
Double carport nearing completion
Brand-new boundary fencing and driveway being completed
Approximately 290m² of land plus a shared driveway
No active Owners Corporation and no ongoing OC fees
Long-term tenant secured until August 2026
Sold strictly off-market, this transaction is another example of the strength of our buyer network and the outstanding results that can be achieved without the need for online advertising or public inspections.
If you're considering selling and would like to explore whether an off-market campaign is right for you, we'd be delighted to have a confidential conversation.
