OFF MARKET

2/16 Palmerston Crescent
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 95m2
Land area: 361m2
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Property Details for 2/16 Palmerston Cres, Frankston South

2/16 Palmerston Cres, Frankston South is a 3 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 361m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
Unit
Year Built
1980
Floor Size
95m2
Land Size
361m2
Local Government
Frankston
Lot/Plan
2/RP13620

Last Listing description (September 2019)

** PRIVATE INSPECTIONS CAN BE ARRANGED BY APPOINTMENT **
Within what is arguably one of Frankston Souths most highly sought-after and exclusive pockets awaits one very rare opportunity to the lucky new owner. Boasting a secure and private location situated within the prestigious Frankston High School Zone, youll find yourself within walking distance to the Norman Avenue shops, the tranquil Sweetwater Creek Nature Reserve, Yamala Park, local transport and Frankstons award-winning foreshore.
Securely situated at the rear of a private driveway with only two on the block and no body corporate, this beautifully modern and renovated 3 bedroom brick veneer home sits on a generous 361m2 (approx). With a spacious open plan design that provides flexible living and dining options, you will be immediately impressed with the abundance of space this immaculate single-level villa offers a fantastic opportunity for those looking to downsize, first home buyers, and savvy investors alike!

With plenty of natural sunlight and a warm homely feeling throughout, your comfort will be top of mind with central gas ducted heating provided to keep you warm during those colder months, and a split system reverse cycle air conditioner to keep you cool during the summer months ahead. All bedrooms consist of built-in robes, whilst a fully renovated central bathroom with bath, shower, separate toilet, and renovated laundry with an additional shower service the home superbly.
Aspiring chefs will be pleased with the new galley style kitchen offering plenty of bench space, storage and modern appliances. Those seeking space and separation will certainly be impressed with the manicured gardens situated at both the front and rear, a double carport with plenty of room for additional parking, and the wonderfully private undercover alfresco area with retractable awning and heaters the perfect spot to entertain guests or simply relax and unwind.
Other great features and extras include:
Fully renovated (kitchen / bathroom / flooring / tiles / paint)
Elevated & positioned at the rear of the block for added privacy and security
Brand new modern galley style kitchen (high quality laminate benchtops, LED downlights, induction cooktop, pyrolytic oven, convection microwave, concealed dishwasher and soft close cupboards)
Generously sized Master bedroom (north facing)
Fully renovated bathroom (floor-to-ceiling tiles, mosaic accent tiling, new vanity and luxury fixtures)
Fully renovated laundry (floor-to-ceiling tiles, new wooden benchtop, shower, access to the rear)
Combination of floating wood floorboards, carpet and tiles throughout
Gas ducted central heating
Split system A/C + ceiling fan (master bedroom)
Light filled with large windows in all rooms and power saving LED downlights
Functional and flexible open floorplan design
Abundance of storage space
Full blockout privacy blinds (living, dining and bedrooms)
Double carport with room for additional 2 cars
Undercover alfresco entertainment area (wood floor decking / ceiling heaters / retractable awning / working ornate fireplace with flu)
Dual garden sheds for additional storage
Front and rear fences with lockable gates
Brick veneer design with overhanging eves, tiled roof and wooden window frames
Low maintenance manicured gardens with spacious lawn areas and planter box edging
Alarm system with CCTV, motion detectors (optional BTB)
Foxtel Cable TV Ready
NBN Connected (FTTP)
NO body corporate

Property History for 2/16 Palmerston Cres, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$594,000
17 Sep 2019
  • 17 Sep 2019
    Sold for $594,000
  • 17 Jul 2019
    Listed for Sale Not Disclosed
  • 13 Aug 2013
    Sold for $330,000
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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 8,097 properties. Over the last 5 years, Houses in Frankston South have seen a 27.72% increase in median value, while Units have seen a 24.16% increase. As at 31 October 2024:

  • The median value for Houses in Frankston South is $1,120,155 while the median value for Units is $706,713.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 51 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 337 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.