16-22 Playne StreetFrankston VIC 3199
Property Details for 16-22 Playne St, Frankston
Last Listing description (February 2019)
Nichols Crowder is proud to market this substantial strategically located mixed use/investment/development opportunity in the heart of Frankston's Centre.
With dual frontages (Playne Street 28.35m and Davey Street 14.02m) this property provides excellent opportunity to develop - commercial/residential/hotel, medical uses (STCA).
Features include:
* Building area: 2,979m2 approx.
* Current T.P. Permit for mixed use development including child care centre
* Commercial 1 Zone
* Height limit: 38 metres approx.
* Car Spaces: 52 on site
* Fabulous potential 180 degree views
* Vacant possession
Situated in close proximity to all amenities including Frankston's Railway Station, Shopping Centre, Hospitals, TAFE, University and PARC complex and just a short walk to Frankston's stunning boardwalk, pier, yacht club and beach.
Terms: 10% deposit, balance up to 365 days.
For further details please contact Linda Ellis or Richard Thomas.
NB: All areas and information is approximate and images subject to copyright.
Property History for 16-22 Playne St, Frankston, VIC 3199
- 15 Feb 2019Sold for $400,000
- 16 Aug 2018Listed for Sale Contact Agent
- 26 Jun 2017Listed for Rent - Price not available
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0About 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 21,754 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.
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