1-4/7 Finlay StreetFrankston VIC 3199
Property Details for 1-4/7 Finlay St, Frankston
1-4/7 Finlay St, Frankston is a 12 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 843m2.
Last Listing description (March 2024)
Calling all savvy investors! Here's your chance to secure a remarkable investment opportunity on the Peninsula. Presenting 1-4/7 Finlay Street Frankston ? a rare gem in the world of real estate.
Key Features and Investor Benefits:
Prime Central Location:
Situated in the heart of Frankston, this property is strategically positioned just a short stroll from the beach, train station, and CBD. It's also conveniently close to Monash University, Chisholm TAFE, Frankston Hospital, and major retail hubs like Frankston Power Centre and Bunnings. Plus, quick access to the Frankston Freeway and Peninsula Link ensures unmatched convenience.
Four Separate 3-Bedroom Units:
This isn't just one home; it's a block of four separate, spacious 3-bedroom units. Each unit is a potential income generator, making it an ideal investment for those looking to diversify their portfolio.
Exceptional Rental Potential:
With a potential annual rental income ranging from $87,000 to $93,000, this property promises a steady and lucrative return on investment. The prime location guarantees a consistent influx of high-quality tenants.
Large Block for Investors:
Spanning an impressive 843 SQM, this property is a rare find in a high-density location. It's a prime land bank opportunity, perfectly suited for investors looking to grow their wealth.
Located in Frankston High School Zone:
One of the biggest advantages of this property is its location within the coveted Frankston High School zone. Frankston High School is renowned for being one of the best-performing state schools in Victoria, adding significant value to this investment opportunity.
Endless Possibilities:
Whether you're an experienced investor or a newcomer to the real estate market, this property offers endless potential. Explore redevelopment possibilities (STCA) and watch your investment flourish.
Inspections:
Given there are four separate tenancies, inspection days will be limited to the weekend as it is difficult to coordinate 4 separate tenants to allow viewings all at one time. For your convenience, virtual tours of units 1 and 3 are available (only unit 3 is on this website as only 1 can be uploaded). Both links are included on the additional information sheet which will be sent automatically when enquiring online.
Don't let this incredible opportunity slip through your fingers. 1-4/7 Finlay Street, Frankston, is tailor-made for investors looking to maximize their returns. Act now to secure your financial future!
Property History for 1-4/7 Finlay St, Frankston, VIC 3199
- 03 Oct 2023Listed for Sale Not Disclosed
Recent sales nearby
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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 21,735 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:
- The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
- Houses have a median rent of $580 while Units have a median rent of $490.
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