Positioned on a substantial 724sqm (approx.) corner allotment, 40 Kareela Road, Frankston presents an exciting opportunity for families, investors and developers alike. With its prized corner block position, the property offers outstanding scope for subdivision or future development, subject to council approval.
The existing home is comfortable, well presented and ready to enjoy, comprising three bedrooms, two bathrooms and a garage. Inside, the home has been tastefully refreshed with an updated kitchen, updated bathrooms, fresh paint and new carpet, delivering immediate appeal for owner occupiers and tenants alike.
What truly elevates this opportunity is the location. Enjoy the convenience of having local favourites Two Boys One Beagle and A Coffee Shop and Herbert’s Corner Store right on Kareela Road, giving the area a genuine neighbourhood feel.
Families will also appreciate access to nearby schooling including Frankston East Primary School, St Johns Primary and McClelland Secondary College, both listed in the property’s catchment, while the broader area also offers additional education options close by.
For lifestyle and recreation, you’re close to Ballam Park, local reserves, major shopping centres and the Frankston foreshore, placing parks, retail, dining and everyday amenity all within easy reach.
Whether you’re looking to move straight in, lease out, landbank or unlock the development potential, this is a rare chance to secure a versatile property on a generous corner site in a tightly held Frankston location.
For more Real Estate in Frankston, contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
