For Sale by Expressions of Interest – Closing Tuesday, 25th November at 3:00pm (Unless Sold Prior)
An exceptional opportunity awaits developers, investors, and visionaries, this substantial 1,067sqm (approx.) allotment is perfectly positioned within the newly introduced Housing Choice and Transport Zone (HCTZ2).
Located within the Frankston Metropolitan Activity Centre (FMAC), this prime landholding sits in a rapidly evolving precinct earmarked for urban growth, increased housing diversity, and improved connectivity to jobs, services, and transport.
Under the new HCTZ2 zoning, this site encourages townhouses or low-to-mid-rise apartments (STCA). With its generous dimensions, this property offers the ideal platform for a landmark residential project that capitalises on Frankston’s ongoing transformation. Current owner had arranged proposed plans (attached) for 4 townhouse development prior to the updated planning changes.
Just moments from Frankston Station, Bayside Shopping Centre, Monash University Peninsula Campus, and the beachfront, this address represents a rare chance to secure a future-focused site in one of Melbourne’s most strategic growth corridors.
Key Highlights:
Approx. 1,067sqm of prime land in sought-after Frankston precinct
Zoned HCTZ2 – Housing Choice and Transport Zone (April 2025)
Potential for up to 4 storeys on larger sites (STCA)
Ideal for townhouse or apartment development
Excellent proximity to public transport, retail, and lifestyle amenities
Don’t miss this exceptional opportunity to be part of Frankston’s next chapter of urban renewal.
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*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.
Frankston has 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
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