2/17-19 George Street, Frankston VIC 3199

Ground-floor villa | Frankston High zone | Walk to beach & CBD | ~4.7% yield potential | Low-maintenance living This ground-floor villa presents a competitively strong proposition due to its location within the Frankston High School zone and its walkable proximity to the beach, hospital, and CBD. The recent updates and low-maintenance configuration make it a rare, turnkey opportunity in a high-demand rental corridor, ideally serving first-home buyers or investors seeking immediate occupancy and reliable tenant appeal. Its enclosed carport and private courtyard enhance livability against typical unit stock. The primary financial risk is the quarterly strata fee, which adds approximately $3,200 annually to holding costs and directly impacts net yield. The opportunity lies in securing a property in a proven rental catchment with a calculated gross yield near 4.7%, offering a logical entry into a tightly held school zone. Acquire this property as a long-term hold to capitalise on both rental demand and underlying land value within a constrained, amenity-rich location.