Investment opportunity with immediate ROI, or reno/rebuild/subdivision project (STCA)

For Sale

22 Lacenet Ave, Frankston North, VIC, 3200

Investment opportunity with immediate ROI, or reno/rebuild/subdivision project (STCA)

House

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, April 13, 2026 ( See property details for 22 Lacenet Ave, Frankston North, VIC, 3200)

Mark Burke - Real Estate Agent - OBrien Real Estate - Frankston

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile 4-bedroom home on a large block in Frankston North, ideal for investors, renovators, or future subdivision, with convenient access to local amenities.

🏡 Property Highlights

Immediate rental income with long-term tenants in place
Potential for subdivision or redevelopment (STCA)
Generous 675sqm block with spacious gardens
Convenient location near schools, shops, and amenities
Multiple living spaces including a large second bedroom
Ample off-street parking with a single carport

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Shed
Waterfront / Views
Pet-Friendly
Garage / Secure Parking
Outdoor Area / Balcony
Internal Laundry
Ceiling Fans

Suburb and Property Insights of Frankston North, VIC 3200

Frankston North is a vibrant suburb offering excellent amenities, including schools, parks, and shopping precincts. It boasts easy access to public transport and major roads, making commuting straightforward. The area is ideal for families and investors seeking a growing community with development opportunities. Local parks and recreational facilities enhance the lifestyle appeal, while the proximity to the coast provides a relaxed coastal vibe.

Frequently Asked Questions

What is the current condition of the property, and does it require renovations?

The property is in a livable condition with some areas suitable for renovation or upgrade, making it ideal for buyers looking to personalise or improve the home.

Is subdivision or redevelopment permitted on this block?

Subdivision potential exists for this 675sqm block, subject to council approval and planning regulations.

What are the ongoing costs associated with this property?

Ongoing costs include council rates, water rates, and maintenance expenses, which should be confirmed with the local council and a property manager.

Are there any planning restrictions or easements on the property?

Potential buyers should verify with the local council regarding any planning restrictions, easements, or zoning regulations affecting subdivision or development.

What is the rental yield or investment return for this property?

The property currently has long-term tenants providing immediate rental income, with potential for further yield depending on market conditions and rental rates.

What to ask about this property to agent?

Are there any existing planning permits or approvals for subdivision or redevelopment? What are the potential costs involved in renovating or rebuilding the property? Are there any known issues with the property's structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or planning changes in the neighbourhood that could affect property value?

22 Lacenet Ave, Frankston North, VIC, 3200 - More Details

Investment opportunity with immediate ROI, or reno/rebuild/subdivision project (STCA)

Type: House
Bedrooms: 4
Bathrooms: 1
Parkings: 1

22 Lacenet Ave, Frankston North, VIC, 3200 - Point Of Interest

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Your Commute at a Glance: 22 Lacenet Ave, Frankston North, VIC, 3200

Email Enquiry To OBrien Real Estate - Frankston

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22 Lacenet Ave, Frankston North, VIC, 3200

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