Another quality Frankston investment successfully sold off market.
Positioned within one of Frankston's consistently high-demand residential pockets, this well-maintained three-bedroom home offered investors immediate income, long-term tenancy security and clear future rental upside.
At the time of sale, the property was leased at $2,151 per month until February 2027, providing the incoming purchaser with immediate income stability. With estimated market rent in the vicinity of $540$550 per week, there was also scope for improved returns over time.
Set within a peaceful garden setting close to Ballam Park, Frankston RSL and Karingal Hub Shopping Centre, the home enjoyed a highly convenient location with strong ongoing tenant appeal.
Features included:
3 bedrooms, all with built-in robes
Timber kitchen with gas cooking
Spacious lounge with gas heating and air conditioning
Covered outdoor entertaining area
Carport plus additional shedding and storage
Established gardens providing privacy and appeal
The combination of location, secure tenancy and future rental upside made this a strong addition to an investor portfolio.
Sold off market through fosterfroling Real Estate and matched directly with a buyer from our established investor network.
