SOLD
Sold on 07 Jul 2024 for $600,000

2/88 Mcmahons Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 219m2
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Property Details for 2/88 Mcmahons Rd, Frankston

Building Type
Commercial
Year Built
2014
Floor Size
124m2
Land Size
219m2
Local Government
Frankston
Lot/Plan
2/PS647999

Last Listing description (July 2024)

CANCELLED Saturday 6th July Open Home

Set within a pretty and peaceful complex on the close perimeter of Frankston city centre, this contemporary townhouse pairs style and exciting affordability. A superb start, fuss free downsizer or set and forget investment, the abode showcases genuine lifestyle ease in a location that ticks every box.

Bathed in northern light, the flexible floorplan features two living zones. A primary living and dining area boasting chic bamboo flooring and lofty ceilings amplifying the space and light, while the retreat in the rear would also make a lovely open office space for those who work remotely.

Pairing Caesarstone benchtops and stainless-steel appliances, the modern kitchen is a culinary haven. With a convection oven, gas cooktop and dishwasher, the space allows for fuss free food prep and clean up.

Sliding glass doors off both the lounge room and master bedroom open to a north facing central sun patio, which provides an idyllic and private outdoor area to relax with a cuppa and bestseller, or even an evening wine before strolling to the Beach Street restaurant strip for dinner with friends.

With an elegant ensuite off the main bedroom, a stylish second bathroom with travertine tiling, split system heating and cooling, along with a secure carport, the residence delivers all the necessary comforts.

Close to Frankston East Primary School, zoned for McClelland College, steps to cafes and the homemaker centre, and a walkable distance to Frankston Station, Monash University, aquatic centre and Bayside Shopping Centre, the unit is currently rented to reliable long term tenants who are happy to continue the lease.

Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

FEATURES
Modern kitchen with breakfast island
Stainless-steel dishwasher & oven
Light filled living area
2nd living / retreat / open office
Bamboo flooring
Sliding glass to central sun patio
Master with WIR & patio access
2 contemporary bathrooms, including ensuite
Quiet & cloistered complex
Single carport

Property History for 2/88 Mcmahons Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$600,000
07 Jul 2024
Listed for Rent
$350/w
05 Aug 2016
  • 07 Jul 2024
    Sold for $600,000
  • 22 May 2024
    Listed for Sale $575,000 - $625,000
  • 15 Jul 2016
    Listed for Rent - Price not available
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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 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 916 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.