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5 Frankcom Street, Blackburn, VIC 3130
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Property Highlights

Offers Closing Saturday 30th July at 5pm (If not sold prior)

A rare and exciting opportunity awaits at 5 Frankcom Street. With an expansive 1,008sqm (approx) land size, both a home, a studio, as well as approved development plans, this is a property bursting with unparalleled potential.

You can start with the approved plans and permits for the development, choose to rent out the existing dwelling short term or update and transform this humble abode into a luxurious family retreat in an incredible location... the choice is yours.

The approved plans maximise your potential. Eight luxurious reverse living townhouses boasting 2 bedrooms, study, 2 bathrooms, single lock up garage and roof top terrace. A smart investor loves flexibility. Build and rent? Build to Sell? Or perhaps a combination of both, what an investment opportunity!!

The main home is charming and stylish with gorgeous timber flooring, soaring ceilings and decorative arches for a touch of old-world elegance. The heart of the layout is the modern kitchen with a suite of stainless steel appliances including a dishwasher, oven and gas cooktop.

The kitchen is open to the dining area and there are two living spaces to choose from including one with an original fireplace complete with a timber mantel. The second living space is air-conditioned and light-filled with direct access to the rear balcony. An upper-level loft offers even more flexibility for the modern family.

Just as impressive as this home's potential is its central location. Families will love the proximity to a host of schools including St Francis Xavier's Catholic Primary School, St Thomas the Apostle Primary School, Blackburn Primary School and Box Hill High School.

The Laburnum Train Station, Blackburn Train Station and The Eastern Freeway ensure an easy commute and you are also close to Blackburn Lake Sanctuary and Morton Park for weekends spent immersed in nature. A host of retail options include Box Hill Shopping Centre and Forest Hill Chase Shopping Centre with all the restaurants, cafes and entertainment you could need.

Remember to mention you found this property on DevelopmentReady

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