FOR SALE
$700,000 - $770,000

17 Gretana Crescent
Frankston VIC 3199

Bedrooms: 7
Bathrooms: 1
Car spaces: 2
Land area: 547m2
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Spacious 7BR home with future potential in great location, ideal for investors or families/tradies

Made for large families, this substantial 7-bedroom home is an ideal opportunity for investors as the property is currently occupied by long-term tenants, providing immediate return on your investment. Alternatively if you're looking for a spacious house that you can restore and make your own, this will make a fantastic project for families or tradies.
Offering so much potential, the home is positioned behind a high wall with gates opening to a sizeable front garden, off-street parking and single garage. Inside, the entrance hall connects to a split-level lounge/dining room with gas fireplace and plenty of light thanks to windows to the front and French doors to the garden. The flowing layout continues into a large kitchen/meals with electric cooktop and wall oven/grill, plus an adjacent laundry with garden access. Step out to the fully-enclosed back garden which offers space, potential, and a patio area.
To the right side of the house you'll find 2 spacious bedrooms with BIRs, plus a 3rd bedroom to the front of the home. These are serviced by a bathroom with bath and vanity, a separate shower room and separate toilet. Upstairs there are 4 further bedrooms, 3 of which have BIRs, and these make use of a powder room.
Walk to Karingal Heights Primary School, McClelland College, Ballam Park, Karingal Hub Shopping Centre, cinemas and restaurants, near bus stops, PenLink access, Long Island beach.
- Spacious lounge/dining, kitchen/meals
- 3 ground floor bedrooms and bathroom
- 4 first floor bedroom, powder room
- Garage, off-street parking
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161.
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Property Details for 17 Gretana Cres, Frankston

17 Gretana Cres, Frankston is a 7 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 547m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Land Size
547m2

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,717 properties. Over the last 5 years, Houses in Frankston have seen a 25.85% increase in median value, while Units have seen a 22.93% increase. As at 30 November 2024:

  • The median value for Houses in Frankston is $730,330 while the median value for Units is $515,139.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 105 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 937 properties were sold in the past 12 months in Frankston.

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