21 Longleaf Street
Frankston North, VIC 3200

This classic three-bedroom home offers an immediate and ongoing return on investment with long-term tenants in place, making it an excellent opportunity for astute investors. Situated on a spacious block of approximately 690 square meters, the property also presents subdivision potential, subject to council approval.

Whether you choose to move in as an owner-occupier or retain the existing tenants, this property provides flexibility. It is also well-suited for renovation or rebuilding projects, ideal for tradespeople, families, or first home buyers. There is potential to build a new home at the rear while maintaining an income stream from the current residence.

The property features ample off-street parking and a single carport, complemented by generous gardens at both the front and rear. Inside, you will find a spacious front lounge equipped with a gas wall furnace, alongside an original kitchen and meals area that includes a recently installed electric oven and gas cooktop.

All three bedrooms are fitted with built-in robes and are serviced by a bathroom featuring a shower over the bath and a vanity. Additionally, there is a separate toilet and a laundry with access to a large covered patio area that overlooks the level backyard, which includes a shed.

Conveniently located in a quiet street, the property is just meters from the Aquatic Centre and within walking distance to local schools, shops, cafes, sports grounds, and public transport. It is also only a few minutes' drive to Peninsula Link access, Frankston CBD, and beautiful beaches.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, interested parties are advised to conduct their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.