2/50 Orwil Street

Frankston VIC 3199

Two homes, one title, and a strong 702 sq. metre (approx) corner-positioned allotment as the foundation - this dual-residence super holding delivers immediate income potential, serious renovation upside, and significant and well-positioned land that keeps the development idea well and truly open. In a central Frankston setting that's already striving forward with momentum, the timing here is as compelling as the asset itself.

A triple-fronted blonde-brick home fronts the site, stepping into separate lounge and dining rooms, a serviceable kitchen with a vintage St George cooker, a covered terrace at the rear, and three robed bedrooms around a central bathroom, a laundry, and a separate toilet. The second home fronts Bradshaw Street and has been largely gutted for a total transformation, presenting an open canvas across two bedrooms, a large lounge, and separately defined kitchen and bathroom footprints ready to receive their custom new looks.

The options here are truly endless - renovate to the rear while you live in the front, then swap over and repeat, live in one while you rent the other, or maximise its full yield with a subdivision or multi-dwelling development (STCA). Buses stop at the doorstep, Kananook and Frankston stations are moments away, and freeway access, Frankston CBD, and the Long Island foreshore are all within easy reach, placing you amongst the infrastructure that underpins demand, regardless of how you choose to play it.