12 Fairway Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

12 Fairway Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 190m2
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Property Details for 12 Fairway St, Frankston

Building Type
Commercial
Land Size
190m2
Local Government
Frankston
Lot/Plan
6/LP40861

Last Listing description (September 2022)

Ray White Commercial Ferntree Gully is delighted to present For Sale this versatile, tenanted property returning $13,917 per annum plus GST and Outgoings.

The 72 sqm* building offers a range of possible uses including a restaurant, retail outlet or office.

Located just moments from Frankston CBD, the property includes significant street frontage and potential for future development (STCA). Plenty of parking is available on Fairway Street and nearby side streets making this an excellent prospect for any commercial enterprise.

- Building Area: 72 sqm*
- Land Area: 191 sqm*
- $13,917 Per Annum Net
- Development Potential (STCA)
- Walk To Frankston CBD
- Rear Lane Access
- Close to Frankston Freeway and Eastlink
- Commercial 1 Zone (C1Z)

* Approximate
(STCA) Subject to Council Approval)

To arrange an inspection or to obtain a copy of legal documentation, please contact Mitch Rosam or Paul Waterhouse.

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Property History for 12 Fairway St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$345,000
27 Jul 2021
  • 27 Jul 2021
    Sold for $345,000
  • 06 Jul 2021
    Listed for Sale Contact Agent
  • 14 Dec 2001
    Transferred
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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 21,752 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:

  • The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
  • Houses have a median rent of $575 while Units have a median rent of $490.
There are currently 83 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1165 properties were sold in the past 12 months in Frankston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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