7 Albany PlaceFrankston South VIC 3199
Property Details for 7 Albany Pl, Frankston South
7 Albany Pl, Frankston South is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1971. The property has a land size of 701m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (December 2017)
FHSZ - LAND, LOCATION & LIFESTYLE!
Positioned at the bowl of a quiet court and nestled among some of Frankston South's best homes, this stylishly modernised home is packed with potential and situated on a huge 715M2 (approx.) allotment.
Enjoy a low maintenance investment (with the appealing option to keep an AMAZING long term tenant in place) OR enjoy the luxury of living in a secure, comfortable home whilst making the most of an always appealing, beachside location.
- The main dwelling offers three generous bedrooms, all with built-in robes
- An additional one bedroom studio / bungalow is fully refurbished and offers an ensuite bathroom
- High cathedral ceilings, floorboards and light filled interiors contribute to the aesthetic appeal
- Hydronic heating throughout is an additional luxury
- An original kitchen is functionally arranged and extends from an L shaped living and dining space
- A generous light-filled living space offers split system heating / cooling
- An established, private rear yard extends from the rear of the home
- A central family bathroom services the home
- A separate toilet and separate laundry add to the functionality of the home
- Nestled among some of Frankston South's most prestigious properties
- Double lock up garage
LOCATION
- In the Frankston High School Zone
- In the shared Derinya Primary School Zone
- Within 3KM of the award winning Frankston beach
- Within 3KM of the Frankston train station
- Near to public transport infrastructure
- Within 3KM to the new Frankston Aquatic and Recreation Centre
- Within 3KM of the Frankston Chisolm Tafe
- Within 3KM of the Frankston CBD
- Close proximity to local parklands as well as recreation facilities
LAND
- An impressive 715M2 allotment may lend itself to future re-development (S.T.C.A)
INVESTMENT INFORMATION
There is a lot to like about this amazing investment opportunity:
The current exemplary tenant has occupied the home for the past 5 years and is eager to (if possible) remain at the home for the the long term.
The current tenant is open to a reasonable rent increase and is eager for a new long term tenancy arrangement. A formal rental appraisal may be provided upon request.
Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE and the best LOCATION.
Frankston City is one of Melbourne s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston South's:
- Award Winning Beaches
- World Class Sporting and Recreational Amenities
- Multitude of Restaurants, Cafes and Entertainment Options
- Ever Expanding Collection of Shopping Outlets
- Proximity to Melbourne as well as the Mornington Peninsula
Interested to know more about the HUGE growth plan for Frankston City?
Please click on the following link: https:/?/?www.investfrankston.com
Property History for 7 Albany Pl, Frankston South, VIC 3199
- 05 Oct 2024Sold for $790,000
- 10 Nov 2017Sold for $720,000
- 11 Sep 2017Listed for Sale $670,000 - $730,000
Recent sales nearby
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0About Frankston South 3199
The size of Frankston South is approximately 14.6 square kilometres. There are 36 parks, covering nearly 10.1% of the total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.
Frankston South has 8,120 properties. Over the last 5 years, Houses in Frankston South have seen a 20.17% increase in median value, while Units have seen a 16.68% increase. As at 31 May 2026:
- The median value for Houses in Frankston South is $1,259,951 while the median value for Units is $832,284.
- Houses have a median rent of $695 while Units have a median rent of $600.
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