22 Mereweather Avenue, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$1,000,000 - $1,100,000 | Zoned RGZ1

22 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 798m2
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An Exceptional Beachside Development Prospect

Note: This property is currently rented out on a Month x Month basis and is returning a total for $800 per week.
Set across an impressive 799 sq. metre (approx.) allotment just metres from the shimmering shoreline of Long Island Beach, this classic single-level home is a rare find that matches its family charm with extraordinary future potential. Zoned Residential Growth Zone 1, it presents a genuinely exciting opportunity to start fresh, revive and renovate, or capitalise on its coveted seaside position, delivering a compelling proposition for families and investors alike in one of the bay's most sought-after coastal addresses.
The heart of the layout is a generous family and dining domain beside a separate formal lounge, with its spacious interiors primed for renewal and rejuvenation with easy access to the alfresco area beyond. The timber kitchen is well-appointed with a stainless steel cooker and a dishwasher, stepping outside to a covered terrace and a huge yard that'll really get your imagination kicked into gear.
A versatile two-level workshop/studio with a kitchenette and storage rooms offer flexibility as a recreation room, creative workspace, home workshop, or private retreat for extended family, whilst the generous RGZ1-zoned allotment presents an exciting opportunity to start fresh and capitalise with a multi-site development (STCA). Back inside, the adaptable layout presents three bedrooms around a central bathroom, toilet and laundry, complete with an additional shower to cater to any morning rushes.
Located just a short drive from Frankston's energetic array of restaurants, cafes, bars, cinemas and shops, plus convenience to public transport, Chisholm TAFE, and Frankston/Eastlink freeways, this is a lifestyle address ready to transform into the very best of coastal and connected living.
Opportunities like this are rare. Act now with confidence!
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
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Property Details for 22 Mereweather Ave, Frankston

22 Mereweather Ave, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 798m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Land Size
798m2
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,697 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:

  • The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 145 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1126 properties were sold in the past 12 months in Frankston.

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Luke Magree
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Riley Kidman
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OBrien Real Estate Frankston
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