Offered to all opportunists, a multitude of options are available for this double block with unlimited potential. Minutes from shops, public transport & Frankston on approx 1,246sqm approx. of land, it allows a host of living and building opportunities (STCA).
This prime land is located in Mix Used Zone with possibility to develop dual-occupancy townhouses, student accommodations, office, suites, consulting rooms, or even re-developments for high density apartments (STCA).
Located in the renowned Frankston High School Zoned (FHSZ) High visibility central location. Walking distance to Frankston CBD & Public transport and opposite to Monash Uni, The existing humble homes offers immediate rental income as well. Renovate, extend, land-banking, opportunity is open for all investors.
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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 21,785 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:
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