FRANKSTON VIC 3199
EXPRESSION OF INTEREST

DESCRIPTION

Endorsed Plans and Permit Supplied Upon Request
Vendor has approx. build price to be supplied upon request.

Existing site established Brick Veneer Home with tenants in place on periodic tenancy
Can be sold with vacant possession as required.

Proposed Unit 1:
4 Bedroom
2.5 Bathroom
2 Tandem/Garage Parking with Separate Cross over
POS 117.88 SQM Approx.

Proposed Unit 2
3 Bedroom
3 Bathroom
Double Garage
POS 49.37 SQM Approx.

Proposed Unit 3
2 Bedroom
1.5 Bathroom
Single Carport
POS 61.20 SQM Approx.

Locality Approximates
*1.2 Km to Frankston Beach
*800m To Bayside Shopping Centre
*700M to Frankston Station
*820M To Peninsular/M3 Freeway Access
*1.5KM to Frankston Hospital
*1.3KM to Monash University
*795m to Chisholm University
Conservative Resale Revenue

Unit 1 - $650,000
Unit 2 - $600,000
Unit 3 - $530,000

Renders Approx $2100
Agent Fees – Approx $30,000
Advertising – Approx $3000
Building Cost - $ TBC

Note Aforementioned Forming Feasibility Assumptions