SOLD
Sold on 05 Sep 2024 for $1,550,000

1/32 Gweno Avenue
Frankston VIC 3199

Bedrooms: 6
Bathrooms: 4
Car spaces: 2
Floor area: 220m2
Land area: 426m2
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Property Details for 1/32 Gweno Ave, Frankston

1/32 Gweno Ave, Frankston is a 6 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 426m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
220m2
Land Size
426m2
Local Government
Frankston
Lot/Plan
1/SP33751

Last Listing description (January 2024)

Dual occupancy and dual income in an esteemed Frankston location. A rare offering for dual income potential within a single residential allotment allures the avid investor to this highly sought-after location moments from the glistening shoreline and heart of Frankston's CDB. The combined dwelling presents a five bedroom residence with a study; two modern kitchens and multiple living areas and outdoor zones.

On the first floor, framing tree-top aspects through abundant glazing the living domain unfolds across timber textures. Encompassing a meals and living space with the natural warmth of a northern-aspect, a cozy corner welcomes natural light before extending outdoors to the alfresco ensuring harmony with the vibrant surroundings. Including a 900mm freestanding oven, Bosch dishwasher and ample storage the kitchen elevates the soft warmth with timber benchtops within a bright and airy interior.

Each complete with built-in robes, two bedrooms share a central bathroom on the first floor before the master bedroom presents a near new, bright and airy ensuite complete with a walk-in shower and floating vanity.

On the ground floor, a near mirror image floor plan presents three robed bedrooms sharing two bathrooms with a choice of meals and two separate living spaces extending from the kitchen. Opening to the rear a low-maintenance courtyard provides open-air space and undercover verandah.

Individual heating and cooling for both the ground and first floor. A single garage, carport and additional off-street parking allow individual spaces for each level of the home with room for a boat/caravan well-serviced by public transport and easily accessible on foot.
Situated in premium school zones such as Frankston High & Derinya Primary.

An amazing investment opportunity awaits with rental potential for the Ground Floor $550-$570 per week (utilities included) and First Floor $530-$550 per week (utilities included).

Please Contact Agent to arrange a private inspection.

Disclaimer:
Disclaimer

Property History for 1/32 Gweno Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,550,000
05 Sep 2024
Listed for Rent
$350/w
24 Jun 2014
  • 05 Sep 2024
    Sold for $1,550,000
  • 04 Sep 2023
    Sold for $1,200,000
  • 13 Jan 2023
    Listed for Sale $1,250,000 - $1,375,000
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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 21,617 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 137 properties listed for sale, and 63 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 912 properties were sold in the past 12 months in Frankston.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.