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Residential
5-7 Bragge Street, Frankston, VIC, 3199

Property details

  • Property ID:
    26458
  • For Sale:
    $2.55m ONO
  • Area:
    1466 m2 (*approx)
  • Type:

    Residential: Apartment Sites

  • Development Approved:
    26 Apartments
Agency information
Matthew Sannen.

Overview

APPROVED WITH BUILDING PERMIT FOR 4 STOREY, 26 APPARTMENT PROJECT
 
WITH 70% PRE-SALES! - $2.55m ONO
 
M1 Developments proudly bring 5-7 Bragge Street, Frankston. Complete with construction set Drawings and building permit, this project is literally ready to build.
  
SUMMARY
  • 1466 m2
  • 4 Storey, 26 Apartment
  • 300m from beach
  • 2019 NCC Design
  • Selling with building permit
DESIGN ELEMENTS
  • No basement
  • No pits for stackers (flat slab)
  • Ground slab above water table
  • Ground Floor raft slab
  • No piles
  • No blockwork
  • No precast
  • All rendered AFS
  • Minimal Cranage
  • Bulk hot water supplied by retailer
  • Solar System supplied by retailer

THE NUMBERS

  • Selling project for $2.55m ONO
  • Build Estimate $5.0-$5.2m
  • Total Sales $10.2m (26)
  • Current Pre-Sales $7.25m (19)

For further information on this opportunity, please contact Matthew Sannen for any further details

Remember to mention you found this property on DevelopmentReady.com.au

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