220 Cranbourne RoadFrankston VIC 3199
Property Details for 220 Cranbourne Rd, Frankston
220 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 222m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (February 2022)
Developers, investors and business owners, take note! Presenting an incredible opportunity to secure a secure shop front with frontage to Cranbourne Frankston Road, with the opportunity to renovate or redevelop (STCA) in a prime, central location.
Take inspiration from the ever-popular neighbourhood, where iconic fast food outlets, gyms, and hospitals are within metres, making this an exceptional opportunity for small businesses to gain abundant foot traffic and attention from passing vehicles.
The shopfront has had a lucrative past as a milk bar and now an estate agent and boasts split system heating/cooling and a kitchenette. The adjoining three-bedroom, 1-bathroom residence provides the space to renovate and make the most of the potential or start again with a luxury multi-level dwelling with commercial zoning (STCA).
Located within minutes from Frankston Freeway, the newly redeveloped Karingal Hub, Ballam Park and Peninsula Link access, you're spoilt for choice when it comes to lifestyle attractions!
Property History for 220 Cranbourne Rd, Frankston, VIC 3199
- 27 Nov 2021Sold for $635,000
- 09 Nov 2021Listed for Sale $635,000
- 25 Jan 2012Listed for Sale Not Disclosed
Recent sales nearby
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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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:
- The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
- Houses have a median rent of $570 while Units have a median rent of $480.
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