3 David Street, Frankston, Vic 3199

Terms: 5/10% deposit
Settlement: 30/60/90 days
Lease: Tenanted until April 2026 @ $385.00 P/W (approx)
Land size: 905m2 (Future FMAC outer catchment zone)

Positioned on an impressive 905m² (approx.), this charming two-bedroom cottage presents an exceptional opportunity for developers, renovators, and investors alike. With its sought-after dual street frontage-including a Right of Way (ROW)-this property offers incredible flexibility for future development. Whether you choose to retain and restore the existing home while building at the rear (STCA) or explore a larger-scale project, the potential here is undeniable.

Beyond its development appeal, the existing residence exudes character and charm. A single-level, two-bedroom cottage, the home is in need of renovation yet offers the perfect canvas for those looking to extend or restore it to its former glory. Set in a prime location in central Frankston, the property is within walking distance to The Beach, Bayside Shopping Centre, Monash University, Chisholm TAFE, and Frankston Train Station. With Frankston Hospital, multiple parks, and lifestyle amenities just moments away, this is an opportunity not to be missed for those looking to create something special in a thriving bayside locale.

Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.