31 Pine Street, Frankston North, Vic 3200

If your looking to develop, then look no further than this ideal investment property. Already leased till May 2016 @ $1,130pcm, you can set your sights on developing the rear yard. This property comes complete with an approved planning permit for a 2 bedroom 1 bathroom unit (usual permit conditions apply).
Complete the dream by separating titles or simply keep both properties as part of your investment portfolio.

Existing dwelling:
• 3 Bedrooms
• 1 bathroom
• Classic Kitchen
• Split A/C
• Leased till May 2016 @ $1,130pcm

Proposed dwelling:
• 2 bedrooms
• 1 bathroom
• Single carport
• Open plan
• Estimation of rental income $260pw

Call your bank manager now, great investment opportunities like this don’t last!