1f/21 Inglis Ave, Frankston, VIC 3199 | Townhouse for sale | OnTheHouse
 
FOR SALE
MIXED USE ZONE | $880,000 - $960,000

1f/21 Inglis Ave
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 272m2
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MIXED USE ZONE | VERSATILE RESIDENTIAL & COMMERCIAL APPEAL

A highly versatile mixed-use opportunity just moments from the beach, this substantial three-storey property delivers an exceptional combination of lifestyle flexibility, commercial functionality and long-term investment appeal within one of Frankston's most rapidly evolving precincts.
Completed in 2020 and positioned within the flexible Mixed Use Zone (MUZ), this near-new property presents a unique opportunity to secure a high-quality asset suited to residential, commercial, consulting, retail or hybrid live/work applications.
Currently vacant and ready for immediate occupation or leasing, the property was most recently leased at an impressive:
• $795 per week
• Approx. $41,340 per annum
This highlights the strong demand for quality mixed-use accommodation within this tightly held coastal location.
Rarely does a property offer the ability to:
• Operate a business from home
• Secure genuine family-sized accommodation
• Generate multiple potential income streams
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Property Details for 1f/21 Inglis Ave, Frankston

1f/21 Inglis Ave, Frankston is a 4 bedroom, 4 bathroom Townhouse with 3 parking spaces and was built in 2020. The property has a floor size of 272m2. The place is currently for sale with Eview Group - Eview Group.

Building Type
Townhouse
Year Built
2020
Floor Size
272m2
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About Frankston 3199

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 21,712 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:

  • The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 130 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1166 properties were sold in the past 12 months in Frankston.

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Leon Zuidema
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Eview Group - Eview Group
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