24 Young StreetFrankston VIC 3199
Property Details for 24 Young St, Frankston
Last Listing description (December 2007)
ACCOUNTING & TAXATION SERVICES
This practice was established in 1992 by the current owner and provides accounting, tax and BAS services to a wide variety of clients. No client represents more than 2.5% of total fees.
The practice operates out of leased premises in one of Melbourne’s busiest bay side suburbs in the South East Peninsula.
Rent is $780 per month.
The clientele is mainly small businesses, individuals, investors and trust funds.
The Practice employs one person as a contractor for three days a week. He handles accounting and related matters all the way to final approval.
The second employee works a 25 hour week over five days and handles reception, ASIC, ATO liaison, secretarial and data entry.
The owner attends to BAS and does all client consultation.
Fixtures and equipment worth about $10 000 are included in the price, including three networked PC’s.
Detailed figures are available. The vendor will grant a generous hand over period if required.
To receive additional information on this business, please contact Steve Lentin:
Telephone (03) 9569 2883
Mobile 0419 910 099
Email stevel@accordbrokers.com.au.
Additional feature - 2 x 2.
Property History for 24 Young St, Frankston, VIC 3199
- 03 May 2022Sold for $2,375,000
- 13 Jun 2013Sold for $1,950,000
- 29 Jun 2010Sold for $2,250,000
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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 21,733 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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