32 Lardner Road
Frankston, VIC 3199

Overview

Previously Approved Development Plans (STCA) In FHSZ With Rental Income

Unlock the potential of 32 Lardner Road, Frankston. This property presents a unique opportunity combining immediate rental income with promising development potential in one of the Peninsula's most desirable locations.

The existing residence features two bedrooms and one bathroom, currently leased at $380 per week until January 2027, providing a secure and consistent income stream. This arrangement allows investors or developers to benefit from rental returns while planning future developments.

Located within the prestigious Frankston High School Zone, this address is highly sought after by families and investors alike. The property offers exceptional convenience with close proximity to key amenities:

• Education and Health facilities including Monash University and Frankston Hospital are just moments away.
• Commuting is made easy with Leawarra Train Station and local bus stops within walking distance.
• Local shops and essential services are conveniently nearby, enhancing everyday living.

For developers, the site comes with previously approved plans and permits for two side-by-side townhouses, subject to council approval (STCA). This significantly reduces the risks associated with development and expedites the process for those looking to capitalize on the area's growth.

Whether your strategy is to hold the land in a high-growth zone or to commence a profitable development project, 32 Lardner Road offers an ideal combination of location, permit potential, and value. This is a rare opportunity to secure a property with both immediate and long-term benefits in Frankston.

Prospective buyers are encouraged to conduct their own due diligence and enquiries to verify all information. Please note that photo identification is required for all inspections.

Location