9 Inglis Avenue, Frankston, Vic 3199

Deposit: 5/10%
Settlement: 30/60/90 days
Land size: 608m2 (approx)
Zoning: MUZ (mixed use zone)
Lease: Lease ends 24/05/2026
Lease amount: $700 P/W, increasing to $735 in May 2025

This property, zoned Mixed Use (MUZ), is currently tenanted on a long lease at approximately $700 per week, making it perfect for investors or those considering redevelopment, subject to council approval. With various updates already made, this home offers immediate returns and future potential in one of Frankston's prime locations.

The property boasts several appealing features including ducted heating, a huge four-car garage, and new carpets throughout. These updates ensure a comfortable living environment for tenants while adding value for potential investors. The spacious and versatile layout is ready for further enhancements, making it ideal for a range of development possibilities.

Situated within walking distance to the beach, Bayside Shopping Centre, Frankston Train Station, and Chisholm TAFE, the location is unbeatable. Residents can enjoy easy access to an array of bars and restaurants, creating a vibrant lifestyle right at their doorstep. Additionally, Frankston Hospital and Monash University are just a short drive away, enhancing the property's appeal for tenants and future buyers alike.

Whether you're an investor seeking a property with solid rental returns or a developer looking for a project in a prime location, this Inglis Ave property offers endless potential. Its Mixed Use zoning opens up numerous opportunities for redevelopment, ensuring that your investment can evolve with the growing demands of the Frankston area.

Don't miss out on this rare opportunity to secure a versatile and lucrative property in one of Frankston's most desirable areas. Contact us today to learn more about this exceptional listing and arrange a viewing.

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.