Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

54 & 56 Orwil Street, Frankston, VIC, 3199

+12 Photos

54 & 56 Orwil Street, Frankston, VIC, 3199

Frankston

×
Sold Check
+14 Photos

54 & 56 Orwil Street, Frankston, VIC, 3199

Frankston

SOLD
54 & 56 Orwil Street, Frankston, VIC, 3199

54 & 56 Orwil Street, Frankston, VIC, 3199

Properties / Sold / Victoria / Frankston
Development Potential
Property Type
Residential
Land Area
1,295 m² (*approx)
Selling Method
EOI: Contact Agent
Show All

DEVELOPMENT OPPORTUNITY OVER TWO TITLES 1,295SQM APPROX.

Take full advantage of this genuinely unbeatable development opportunity, just 3 minutes' walk from buses, Frankston CBD, PARC aquatic centre and train station. Enjoying two titles totalling 1,295sqm (approx), a considerable development could be undertaken of up to five contemporary townhouses, each comprising three-bedrooms over one or two storeys (STCA) made even more attractive by high-density development-friendly zoning.

Each consisting three-bedrooms, one bathroom and large living, the existing homes boast spacious interiors and large, deep yards with original detailing throughout. To the left, 56 Orwil Street boasts a solid-brick exterior with hardwood timber floors, large exterior entertaining zones and generous off-street parking. 54 Orwil Street to the right comprises large living spaces and classic features, with drive-through access to the rear.

The convenience of this central location will attract interest from numerous demographics with a short walk or buses at the end of the street taking you straight into Frankston with PARC, Chisholm Tafe, numerous secondary and primary schools and Bayside Shopping centre only moments away. Easy access to Eastlink & Frankston Freeway is also a strong attraction, with Melbourne only 50km away. Look to the future and get ready to reap the rewards of prime land, a premier residential position and spectacular possibility.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Residential
Land Area
1,295 m² (*approx)
Selling method
EOI: Contact Agent

Development Site Highlights

DEVELOPMENT OPPORTUNITY OVER TWO TITLES 1,295SQM APPROX.

Take full advantage of this genuinely unbeatable development opportunity, just 3 minutes' walk from buses, Frankston CBD, PARC aquatic centre and train station. Enjoying two titles totalling 1,295sqm (approx), a considerable development could be undertaken of up to five contemporary townhouses, each comprising three-bedrooms over one or two storeys (STCA) made even more attractive by high-density development-friendly zoning.

Each consisting three-bedrooms, one bathroom and large living, the existing homes boast spacious interiors and large, deep yards with original detailing throughout. To the left, 56 Orwil Street boasts a solid-brick exterior with hardwood timber floors, large exterior entertaining zones and generous off-street parking. 54 Orwil Street to the right comprises large living spaces and classic features, with drive-through access to the rear.

The convenience of this central location will attract interest from numerous demographics with a short walk or buses at the end of the street taking you straight into Frankston with PARC, Chisholm Tafe, numerous secondary and primary schools and Bayside Shopping centre only moments away. Easy access to Eastlink & Frankston Freeway is also a strong attraction, with Melbourne only 50km away. Look to the future and get ready to reap the rewards of prime land, a premier residential position and spectacular possibility.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Finance Calculator

54 & 56 Orwil Street, Frankston, VIC, 3199

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

Estimated Purchase Price:*

What you intend to pay for the property

$

Your Contribution:

The amount you’re investing

Min: 0% - Max: 90% of purchase price.

$

LVR:

Loan to Value Ratio

Min: 10% - Max: 100% of purchase price.

%

Loan Analysis

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
in full report
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location

One moment please.

Retrieving map...

54 & 56 Orwil Street, Frankston, VIC, 3199 Frankston