Back 42 Lardner Rd
Off Market

42 Lardner Rd

Frankston VIC 3199

8
4
1
683 m²
House
Andrew MilneAndrew Milne, last sold this property on 24 March 2016 after -2210 days on market.

Overview

LUCRATIVE REGISTERED ROOMING HOUSE

All the hard work has been done for you to acquire this lucrative, registered rooming house situated walking distance to Monash University, public transport and close to all amenities Frankston has to offer. This 8 room property is registered with Frankston City Council, is fully furnished and features 8 secure individual bedrooms, 4 showers, 4 toilets, 2 kitchens with modern appliances and 2 lounges. With 90% occupancy and a room rate of $180 pw, the property has potential for high yield and is a secure investment in an industry that is being regulated.

Features

8 bedrooms
4 bathrooms
1 carspace
683 m² lot size
House

Estimated Value

We need at least 3 similar 8 bedroom houses sold in Frankston over the last 12 months.

Property history for 42 Lardner Rd

2016
Sold
Undisclosed
Private Sale/Treaty on 24 Mar 2016 by Andrew Milne, of OBrien Real Estate Frankston

Happy sellers in Frankston

86%
86% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 159 reviews in Frankston over the last 12 months.

Local market activity for 8 bedroom houses in Frankston

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