On a generous ~725 sqm (approx.) block, this three-bedroom residence combines immediate comfort with outstanding scope for the future. Bright, inviting interiors flow through practical living spaces, while the expansive backyard sets the stage for a renovation, an inspired extension, or a complete redevelopment (STCA).
Already returning $2,390 per month ($550 per week approx.) with reliable tenants, it offers both a turnkey investment and a rare opportunity to unlock serious long-term growth in one of Melbourne’s fastest-rising corridors.
Property Features
-Light-filled lounge framed by polished hardwood floors
-Kitchen/meals zone with gas cooking and scope to modernise
-Three well-sized bedrooms with plush carpets
-Central bathroom with shower-over-spa + separate toilet
-Full-sized laundry for convenience
-Fresh paint, new blinds & ducted heating throughout
-Covered patio ideal for entertaining
-Expansive backyard offering space for extension or subdivision (STCA)
Location Features
-5 min walk to Monterey Community Park (500m)
-6 min walk to Pines Forest Aquatic Centre (500m)
-7 min walk to Mahogany Rise Primary School (500m)
-8 min drive to Bayside Centre (4.5km)
-8 min drive to Frankston Station (4.4km)
-11 min drive to Frankston Beach (5.1km)
-12 min walk to Monterey Secondary College (950m)
A home with present-day liveability, a healthy rental yield, and a block brimming with potential — 73 Monterey Boulevard is the smart choice for first-home buyers, investors, or developers looking to capitalise on land, location, and growth.
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Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
