90 Franciscan AvenueFrankston VIC 3199
Property Details for 90 Franciscan Ave, Frankston
90 Franciscan Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 646m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Last Listing description (January 2021)
** Auction on site - Sunday the 20th of December at 2.30PM sharp **
This charming brick veneer home was originally built in 1983 and is positioned within the ever-popular "Lakewood Estate" on a flat, accessible and rectangular 650M2 (approx) allotment.
The property offers a multitude of options:
A: Renovate the existing home (restore and or extend S.T.C.A)
B: Demolish the property and build a single dwelling
C: Demolish the property and explore the potential of developing the site (S.T.C.A)
Please note, the property is in poor condition and will require extensive repair and rectification work.
The property is built on a concrete slab, and is a brick veneer home typical of the 1980's era.
There is evidence of termite damage to the home. The extent of termite damage is unknown, however we do welcome further investigation to be completed by prospective buyers.
With options aplenty, this home presents an appealing opportunity to capitalise on THE most valuable real estate investment criteria: LAND, LOCATION and POTENTIAL for GROWTH.
The Home Offers:
- Central kitchen with a vantage to the rear yard
- Designated dining space extends to an open plan living space
- Fantastic block size of approx 650M2
- Potential to add additional shedding etc
- Three bedrooms
- Family sized bathroom
- The home is relatively square set on the block
- Significant clearance to the rear yard (approx 4 metres from the boundary fence to the side of the existing property)
- Approximate block dimensions of 16.5M (frontage) by 39.5M (depth)
- Packed with potential
Situated approx:
- Within 100M of the Kingslsey Park Primary School
- Within 200M of the Castillon Reserve
- 1.5KM from the Peninsula Link Entrance
- Within 5KM of the Frankston train station
- Within 5KM of the Frankston Beach
- Within 5KM of the Frankston CBD
- Within 5KM of several golf courses
Frankston City is one of Melbournes fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston's:
- Award Winning Beach
- World Class Sporting and Recreational Amenities
- Multitude of Restaurants, Cafes Entertainment Options
- Ever Expanding Collection of Shopping Outlets
- Proximity to Melbourne as well as the Mornington Peninsula
Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE
*Important update regarding COVID 19:
Your health and safety is a priority. Ash Marton Realty will be extremely attentive in adhering to the advice and instruction of the relevant health authorities at this time.*
Property History for 90 Franciscan Ave, Frankston, VIC 3199
- 20 Dec 2020Sold for $527,000
- 07 Dec 2020Listed for Sale EXECUTOR AUCTION - THIS SUNDAY AT 2.30PM SHARP
- 15 Aug 2017Transferred
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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 21,623 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.
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