7 Franklin Court, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$3,575,000 - $3,932,500

7 Franklin Court
Frankston VIC 3199

Bedrooms: 11
Bathrooms: 4
Car spaces: 5
Land area: 2919m2
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48-50 Mcmahons Rd & 7 Franklin Court Frankston, Three seperate Titles for Frankston's Ultimate Gateway Development.

Why we see opportunity in 48-50 McMahons Road & 7 Franklin Court, Frankston
15 Town houses or Aprtments STCA
Positioned at the very gateway to Frankston's revitalised lifestyle scene, this rare three-title landholding presents one of Melbourne's most significant development opportunities (STCA). 48 and 50 McMahons Road, and 7 Franklin Court, combine for approximately 2,919 sq. metres (approx.) of land in one line, with a combined frontage of ~55 metres to McMahons Road opening the door to a commercial application (STCA), while the scale of the overall site lends itself to a substantial residential or mixed-use development for a buyer looking to secure the whole parcel.
Frankston remains one of Australia's most energetic growth markets, and a gateway position like this at the true entry point to the greater city is an opportunity that won't come by as easily again.
Currently, 48 and 50 McMahons Road each house a 3-bedroom home, while 7 Franklin Court adds a classic 5-bedroom residence across its own 1,331 sqm (approx.) block. Together, the three titles offer current-day holding income with significant long-term upside, appealing to developers, investors and owner-occupiers alike while any plans take shape.
More to know:
• 48 McMahons Road: 3-bedroom home on 889 sq. metres (approx.), leased at $2,629 pcm
• 50 McMahons Road: 3-bedroom home on 699 sq. metres (approx.), leased at $2,086 pcm
• 7 Franklin Court: 5-bedroom home on 1,331 sq. metres (approx.), leased at $2,346 pcm
• Higher building allowances (STCA)
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Property Details for 7 Franklin Ct, Frankston

7 Franklin Ct, Frankston is a 11 bedroom, 4 bathroom House with 5 parking spaces. The property has a land size of 2919m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Land Size
2919m2
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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 21,832 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 139 properties listed for sale, and 70 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1027 properties were sold in the past 12 months in Frankston.

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Mark Burke
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Taylor Kiriona
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OBrien Real Estate Frankston
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