55 Nursery Avenue, Frankston, Vic 3199

PERMITS IN PLACE FOR THREE MASSIVE TOWNHOUSES.

Unit 1 4 bedroom 15sq approx
Unit 2 4 bedroom 15sq approx
Unit 3 5 bedroom 16.5sq approx

Situated at the end of a quiet 'cul-de sac', opposite parklands and walking distance to Monash Uni.
Rail and buses close by.
Just 5 minutes from the heart of Frankston CBD and 5 minutes from 'Frankston Power Centre'.
The new $49.7 million Peninsula Aquatic Recreation Centre, is again, just minutes away.
Five minutes to Peninsula Link and five minutes from Karingal Hub and Village Cinemas.

Current Rental Return on existing homes.

6% current rental return (approx)
House - $1735 pcm ($400pw)
Cottage - $1150 pcm ($265pw)

Property Code: 1872