8 Margate Avenue, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

8 Margate Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 162m2
Land area: 708m2
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Property Details for 8 Margate Ave, Frankston

8 Margate Ave, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1968. The property has a land size of 708m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
1968
Floor Size
162m2
Land Size
708m2
Local Government
Frankston
Lot/Plan
203/LP8764

Last Listing description (July 2024)

Unlock the potential of 8 Margate Avenue, Frankston-a prime real estate opportunity brimming with development potential (STCA) and unbeatable location advantages. Situated on a sprawling 690m2 block, this property presents a canvas for your vision.

Nestled next to Bruce Park and within walking distance to Heatherhill shops and Frankston Heights Primary School, the location offers a coveted blend of tranquility and convenience. Moreover, being in the Frankston High School zone adds to its desirability.

The existing brick home provides a solid foundation for redevelopment or renovation. With a single lock-up garage plus workshop, a single carport, and a water tank already in place, the groundwork for expansion is laid.

Inside, discover a spacious living room with a ceiling fan and timber flooring in the kitchen/dining area. The kitchen includes a 4 burner cooktop and a walk-in pantry, while the separate laundry offers easy access to the backyard.
Two bedrooms, including a main bedroom with a built-in robe and fan, cater to comfort, while a second living area with a built-in bar and additional storage/third bedroom provides versatility.

Outside, a fenced pool and a shed enhance the lifestyle appeal while offering potential for enhancement or modification.

With proximity to local amenities including Frankston Train Station, Frankston Hospital, and the Frankston Freeway, seize the opportunity to transform this property into your dream development or investment venture. Act now and unlock the endless possibilities of 8 Margate Avenue!

Property History for 8 Margate Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$630,000
08 Jun 2024
  • 08 Jun 2024
    Sold for $630,000
  • 07 May 2024
    Listed for Sale $650,000
  • 07 Feb 2020
    Transferred
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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 21,716 properties.

    There are currently 113 properties listed for sale, and 49 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Frankston.

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    Cotality Copyright and Legal Disclaimers about Property Data
    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.