22/256 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 204m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Frankston in the last 12 months.
Privately positioned within a well-established complex, 22/256 Cranbourne Road, Frankston presents an exciting opportunity for renovators, investors, or buyers seeking a property with genuine upside in a highly convenient location adjoining Ballam Park.
Set toward the front of the development, this solid brick unit offers easy access along with an unusually large fenced backyard included within the title - a rare feature for unit living and ideal for those wanting outdoor space seldom found in similar properties.
The home provides a practical single-level layout comprising two generous bedrooms, central bathroom, and comfortable living areas. While structurally sound, the property requires updating and renovation throughout, making it an ideal blank canvas for buyers looking to modernise and add value over time.
Established gardens surround the fenced yard, while additional open space beyond the rear boundary forms part of the Owners Corporation's common grounds, enhancing the overall sense of openness and greenery without forming part of the titled land.
Additional features include a single lock-up garage, visitor parking within the complex, and maintained communal areas contributing to a convenient, low-maintenance environment.
Offered with vacant possession, buyers have the flexibility to renovate, occupy, or invest immediately upon settlement.
Conveniently located close to major freeway access, Karingal Hub Shopping Centre, schools, public transport and extensive parklands, this is a value-packed opportunity in a well-connected Frankston location.
Key Features
- Solid brick unit in established complex
- Two bedrooms with single-level layout
- Positioned toward the front of the complex
- Large fenced backyard on title - rare for unit living
- Property requires renovation and cosmetic improvement
- Additional open common space beyond rear boundary
- Single lock-up garage plus visitor parking
- Directly adjacent to Ballam Park
- Offered with vacant possession
- Excellent scope to renovate and increase value
For further information or to arrange an inspection, contact Matt Dewan on 0416 638 019.
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 21,690 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:
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