Why we see opportunity in 7 Franklin Court, Frankston:
Size changes the conversation, and at 1,331 sq. metres (approx.) in a little-known court position, this 4-bedroom home has plenty of it. A classic layout currently occupies the significant parcel of land, generating $2,346/calendar month in rental return and giving buyers time to consider what the land could ultimately support under higher building allowances (STCA).
This is a parcel substantial enough to stand on its own, though for a buyer chasing an even bigger footprint, two neighbouring McMahons Road titles remain available to bring into the fold (STCA) giving you main highway frontage for mixed-use appeal while taking advantage of a safer and quieter courtside entry.
Whether the plan is to hold, develop or simply secure a well-positioned family home with land to spare, this one covers all bases.
More to know:
• 4-bedroom home on approximately 1,331 sq. metres (approx.)
• Currently leased at $2,346 pcm
• Generous 1,331 sqm (approx.) land parcel
• Higher building allowances (STCA)
• Option to negotiate alongside adjoining titles (STCA)
So, can you picture it? Get in touch with Mark Burke for more information.
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
