67 Fraser Avenue, Edithvale, Vic 3196

Situated in sought after Fraser Avenue this property of substantial proportions has all the hallmarks for investment/development success or perfect family living.

On offer here is a 726sqm (approximately) block ripe for a dual occupancy development (STCA), with an income stream of approximately $23,000pa whilst you get your plans and permits organised.

Currently tenanted until April 2012 the existing weather board home offers 3 bedrooms (plus rear bungalow/studio), timber floors, solar electricity, kitchen with dish washer and stainless steel appliances, heating and cooling, rear undercover entertainment deck and ample car accommodation. All this only walking distance to the beach, shops, schools and train.

DO THE SUMS THIS ONE'S A BEAUTY!