10 Holmes Street Frankston VIC 3199
Investors, Superannuation Portfolio's and Developers10 Holmes Street, Frankston
Situated on approx. 873m2, with potential to subdivide and possibility for another 6 room boarding house at the rear or similar residence (STCA).
The exuding dwelling is Ideal for cashed up investors looking for a positively geared investment, self-managed superannuation portfolios, or as a long term negative geared investment. *
*(please seek advice from a financial planner).
The existing dwelling is currently returning up to approx. $55,000 p.a.
Its features include -
- Main Bathroom and a Disabled Bathroom
-Six good sized private bedrooms
-Wheel Chair access
-Shared Modern Kitchen with gas and electric appliances
-Rear Sun Room
-Easy maintained living areas and gardens.
With the possibility to increase your income with the potential second dwelling at the rear, (STCA).
Located within walking distance to Frankston City Centre, local shops, cinemas, restaurants, beach, and public transport.
This investment ticks all the boxes and makes good sense and a potential “Cash Cow” for the savvy investor.
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Real Estate For Sale in Frankston, VIC 3199 priced between $700,000 and $1,300,000