80 Lindrum Road, Frankston VIC 3199

Corner block in Karingal pocket | fully renovated with new plumbing | zoning for Ballam Park Primary | split-system living area This property presents a rare opportunity to acquire a fully renovated house on a substantial corner block in a quiet pocket of Karingal, where the combination of new plumbing, gutters, and fresh finishes removes immediate capital outlay for a buyer. The 19% site coverage on a 545m² lot signals potential for future expansion or subdivision subject to council approval, a structural advantage over neighbouring properties. It is best suited for owner-occupiers seeking a move-in ready home with strong school catchment appeal, or investors targeting a rental yield near $560 per week with minimal maintenance risk. The primary risk is the modest single-bathroom configuration, which may limit appeal to families who prefer dual amenities, and the corner block may carry higher exposure to street noise despite the quiet pocket. However, the absence of bushfire, flood, or heritage overlays reduces insurance and development friction. The property should be held as a long-term family home or rental, with the corner lot offering optionality for a future granny flat or subdivision if zoning permits.