4 John Street, Frankston, Vic 3199

INVESTORS, DEVELOPERS AND BUILDERS TAKE NOTE!

4 John Street represents an enticing opportunity to capitalise on the most valuable commodities in real estate - LAND, LOCATION AND LIFESTYLE!

The existing home has been meticulously renovated and boasts both functionality and liveability. High ceilings, polished timber floorboards, an ambient open fireplace and quality appliances lend to a desirable finished product.

-Renovated kitchen offers gas cooking, near new stainless steel appliances inc a dishwasher as well as excellent cupboard and bench space
-Light filled lounge is well oriented to capture natural light
-3 good-sized bedrooms offer built in robes
-Renovated bathroom offers a separate bathtub, shower and single vanity
-Separate toilet, private and secure yard, split system heating and cooling and a fully fenced allotment are additional and appealing conveniences!

LAND

This valuable 680m2 allotment provides the savvy purchaser a multitude of options to build equity though both capital growth appreciation as well as the potential for development/ redevelopment in future! Also factor in the potential of a strong rental yield of approximately $340-$360 per week!

The Land Offers Potential to (S.T.C.A)

-Demolish the existing residence and build 3 double storey townhouses
-Retain the existing home, subdivide and build a substantial residence at the rear of the block
-Retain the existing home, re-position the garage and build two smaller units at the rear of the block

LOCATION

Situated in the Heart of central Frankston and approx.

-1km from the Frankston Train Station
-1.5km to the Award Winning Frankston Beach
-1.5km to the Frankston Hospital
-1.5km to Monash University
-1km to the Frankston CBD and Bayside Shopping Complex
-1.5km to the Frankston Park Football Oval
-800m to the New Peninsula Aquatic Recreation Centre

LIFESTYLE

Frankston City is one of Melbourne's fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston's:

-Award Winning Beach
-World Class Sporting and Recreational Amenities
-Multitude of Restaurants, Cafes Entertainment Options
-Ever Expanding Collection of Shopping Outlets
-Proximity to Melbourne as well as the Mornington Peninsula

If you're looking for property that satisfies every criteria of a great investment then look no further!