17 Royle Street Street, Frankston, VIC 3199 | House for sale | OnTheHouse
FOR SALE
$1,700,000

17 Royle Street Street
Frankston VIC 3199

Bedrooms: 9
Bathrooms: 9
Car spaces: 4
Floor area: 300m2
Land area: 653m2
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Impressive Investment Property With Enviable Recurring Income

This stunning 9-studio established rooming house investment property is a proven money-maker! Exceptionally well located in sought after bayside Frankston it is within walking distance of shopping, cafes, parklands, train and bus stations. Proximity to University, TAFE and Frankston Hospital adds to tenant appeal. The property was designed and solidly built by Simal Constructions, featuring separate kitchens, private courtyards and reverse cycle air conditioning and heating to each studio. All tenants have access to the central kitchen as well as a coin-operated laundry facility in the building.
This Rooming House includes
* Large separate kitchenettes with plenty of cupboards for storage and refrigerator supplied in each studio
* Room for 1 queen sized bed and more in each room.
* Each studio with own ensuite, with wall-to-wall tiles, luxury DOUBLE shower, toilet, all with quality fittings
* Each studio with built in wardrobe with double doors
* Each studio with reverse cycle air conditioning/heating
* Private outdoor fenced courtyard, which tenants maintain as part of lease
* Flyscreens on every sliding door and window
* WIFI available and set up, supplied to rooms, earning additional income
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Property Details for 17 Royle Street St, Frankston

17 Royle Street St, Frankston is a 9 bedroom, 9 bathroom House with 4 parking spaces. The property has a land size of 653m2 and floor size of 300m2. The place is currently for sale with Hodges Carrum Downs.

Building Type
House
Floor Size
300m2
Land Size
653m2
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About 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 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,759 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 73 properties listed for sale, and 73 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1167 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Jennelle Blair
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Hodges Carrum Downs
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.