113 Cranbourne Frankston Road, Langwarrin, Vic 3910

Sold: $550,000 (03-25-2017)

113 Cranbourne Frankston Road, Langwarrin, Vic 3910 3910
SOLD
  • hotel 3
  • hot_tub 1
  • directions_car 1

Perfectly positioned on a main road service lane, this corner parcel approx. 804 SqM2 of level land and favourable easements offers development potential.

The existing home itself is of Cedar construction, comprising: - 3 bedrooms, 1 bathroom, classic kitchen, carport, Coonara heating, gas wall heater, evaporative cooling, ceiling fans and mature gardens. The existing long term tenants, willing to continue their lease and occupancy have maintained this charming cottage since 2003.

These development opportunities in an area with adjacent medical 'expansion points' are highly sort after and Langwarrin's liveability and continuing media prominence as a standout growth location must be factored in to your research.

- Multi unit site (STCA) ('feasibilities available to view')
- Corner allotment – possible Medical Rooms (STCA)
- 2 minutes from Peninsula Link & Eastlink exit/entry points
- UNDER 1 hours' drive via Monash freeway to Melbourne CBD
- Precinct in 'transition' / adjacent developments, area on the move
- Walk to local shops, preschools, schools and recreational facilities
- Potential dual occupation /subdividable site/Student accommodation.
- 2 minute drive to ether Karingal Hub &/or Gateway Plaza shopping centre
- 10 min drive to Frankston CBD, Beaches, Golf Courses, wineries and Spa's
- Current rental @ $15,600 per annum (19 July, 2017 = lease expiry/rent review)

In life…. 'People don't plan to fail, they simply fail to plan'; so consult your architect now and start planning your future in one of the Mornington Peninsula's hot spots.

Look forward to seeing you at the upcoming Open for Inspections published within this listing &/or call me for further information of the site and its impressive development attributes.

Sold History

Walk Score

Tabbed Data Tables