56 Mcmahons RoadFrankston VIC 3199
Property Details for 56 Mcmahons Rd, Frankston
56 Mcmahons Rd, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 716m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 3 bedroom House sold in Frankston in the last 12 months.
Last Listing description (August 2023)
Attention developers and investors! An exceptional opportunity awaits you with this remarkable 3 bedroom house, boasting a one bathroom and a one-car garage, situated on a sprawling land size of 716 m2.
This property is not just a home, but a potential development site with endless possibilities. With the potential for three units, you have the chance to maximize your investment and create a lucrative project that will yield substantial returns.
The existing house provides a solid foundation for your development plans. With three spacious bedrooms, it offers the perfect canvas to transform into modern, stylish units that will attract discerning buyers or tenants.
Located in a sought-after area, this property is surrounded by a thriving community and is in close proximity to schools, parks, shopping centers, and public transportation. Its prime location ensures high demand and excellent rental or resale potential for your future development.
Property History for 56 Mcmahons Rd, Frankston, VIC 3199
- 18 Aug 2023Sold for $580,000
- 11 Aug 2023Listed for Sale AQUIRED! $580,000
- 17 Jul 2017Listed for Rent - Price not available
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0About 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 21,628 properties.
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