SOLD
RECENT ADVICE
Sold on 13 May 2024 for $1,350,000

19 Sanders Road
Frankston South VIC 3199

Bedrooms: 6
Bathrooms: 3
Car spaces: 8
Floor area: 304m2
Land area: 1942m2
Sold By
Fosterfroling Real Estate
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Property Details for 19 Sanders Rd, Frankston South

19 Sanders Rd, Frankston South is a 6 bedroom, 3 bathroom House with 8 parking spaces. The property has a land size of 1942m2 and floor size of 304m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 6 bedroom House sold in Frankston South in the last 12 months.

Building Type
House
Floor Size
304m2
Land Size
1942m2
Local Government
Frankston
Lot/Plan
2/PS335009

Last Listing description (June 2024)

Property Overview:

- Land Size: Just under half an acre (1942m approx.)
- Main Residence: 553 m2 (approx.)

- Additional Garage: 79 m2 (approx.)
- Year Built: 1984

Welcome to 19 Sanders Road, Frankston South, where opportunity knocks louder than ever. This substantial 50-square home sits on a generous parcel of land, offering a canvas for your next lucrative project.

Key Features for Developers:

50 Squares of Space: This isn't your average home-it's a spacious canvas waiting for transformation. With solid bones and a sturdy foundation, the possibilities are endless.

General Residential Zoning: Explore the potential for subdivision or redevelopment (subject to council approval). The existing home provides a strong base for expansion or renovation.

Rental Income Potential: Imagine the returns! If rented out, this home could achieve approximately $1000 per week in rental income. That's a steady stream of cash flow while you plan your next move.

Location, Location, Location: Situated in the sought-after Frankston South area, this property offers convenience, schools, and parks nearby. A winning combination for future residents or tenants.

Disclaimer:
STCA (Subject to Council Approval): Any development plans should be submitted to the local council for review. Buyers are advised to conduct their due diligence and seek professional advice.

Act Now:
Opportunities like this don't come often. Secure your piece of Frankston South's future and turn this 50-square gem into a lucrative venture. Whether you're a seasoned investor or a developer with a vision, this property awaits your creative touch.

Property History for 19 Sanders Rd, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,350,000
13 May 2024
  • 13 May 2024
    Sold for $1,350,000
  • 11 Mar 2024
    Listed for Sale $1,550,000 Buy it Now!
  • 03 Jul 2009
    Listed for Sale Not Disclosed
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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2011 was 17,612 people. By 2016 the population was 18,183 showing a population growth of 3.2% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation. In 2011, 77.9% of the homes in Frankston South were owner-occupied compared with 76.2% in 2016.

Frankston South has 8,084 properties.

    There are currently 48 properties listed for sale, and 10 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Frankston south.

    Suburb Insights for Frankston South 3199

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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.