Sold
Last Asking Price - $1,710,000-$1,881,000
49 Lardner Road, Frankston VIC 3199
Apartment
777
Block size: 1760 m² approx.
7 Units, 1 Title, 1753m2 (approx) & 1 Amazing Opportunity
* Auction this Saturday
Terms: 5/10% deposit
Settlement: 30/60/90 days
Rental appraisal: $320 - $350 per unit (approx)
School Zone: Frankston High School
Land: 1753m2 (approx)
Discover a truly unique opportunity. Boasting 7 single-level, 1-bedroom units on a single title, this expansive property offers endless potential for investors, developers, and savvy buyers alike. With a land size of approximately 1757m2, the site presents an excellent opportunity for future redevelopment, renovation, or long-term investment.
With 3 of the 7 units already updated, there is room for further renovation works to enhance the remaining units. Alternatively, seize the opportunity to redevelop the land to its full potential, capitalizing on its prime location and ample space. Whether you choose to renovate, redevelop, or simply hold onto the site for future capital growth, the possibilities are endless with this versatile property.
Situated within the prestigious Frankston High School Zone and backing onto Monash University, this property offers convenience and lifestyle benefits. Just moments away from Frankston CBD, the beach, hospital, botanic gardens, shops, cafes, and restaurants, residents will enjoy easy access to all the amenities Frankston has to offer. Plus, with seamless connectivity to East Link and Peninsula Link, commuting to surrounding areas is a breeze.
Rarely do opportunities like this come along. Whether you're an investor looking to maximize returns, a developer with a vision for the future, or a savvy buyer seeking a unique investment opportunity, this property on Larnder Road is sure to impress. Enquire today and unlock the potential of this remarkable property.
Terms: 5/10% deposit
Settlement: 30/60/90 days
Rental appraisal: $320 - $350 per unit (approx)
School Zone: Frankston High School
Land: 1753m2 (approx)
Discover a truly unique opportunity. Boasting 7 single-level, 1-bedroom units on a single title, this expansive property offers endless potential for investors, developers, and savvy buyers alike. With a land size of approximately 1757m2, the site presents an excellent opportunity for future redevelopment, renovation, or long-term investment.
With 3 of the 7 units already updated, there is room for further renovation works to enhance the remaining units. Alternatively, seize the opportunity to redevelop the land to its full potential, capitalizing on its prime location and ample space. Whether you choose to renovate, redevelop, or simply hold onto the site for future capital growth, the possibilities are endless with this versatile property.
Situated within the prestigious Frankston High School Zone and backing onto Monash University, this property offers convenience and lifestyle benefits. Just moments away from Frankston CBD, the beach, hospital, botanic gardens, shops, cafes, and restaurants, residents will enjoy easy access to all the amenities Frankston has to offer. Plus, with seamless connectivity to East Link and Peninsula Link, commuting to surrounding areas is a breeze.
Rarely do opportunities like this come along. Whether you're an investor looking to maximize returns, a developer with a vision for the future, or a savvy buyer seeking a unique investment opportunity, this property on Larnder Road is sure to impress. Enquire today and unlock the potential of this remarkable property.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Thomas Larkin to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
7
Bathrooms:
7
Garage Spaces:
7
Property type:
Apartment
Block Size:
1760 m²*
Other Details
Lot:
17
Plan:
LP7466
Legal description:
17\LP7466
Maps and area information
Block information
Block size: 1760m² (approx)
Legal description: 17\LP7466
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
15 Apr 2024
Sold
Barry Plant - Frankston
Listed: 21/03/2024
Block size: 1753m²
Transfer type: Full transfer
Statement of information
Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Frankston suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
40 years
Population
37,331
Listing ID: 182392052. This listing has been viewed 4 times. It was first displayed on 21/03/2024 and last updated on 15/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.