27 Lewis St, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 717m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom House sold in Frankston in the last 12 months.
Flaunting up to three street frontages and a square 717 sq. metre (approx.) allotment with incredible upside, this 4-bedroom, 2-bathroom home delivers an abundance of potential in one of Frankston's most central settings. A classic layout with a substantial footprint begs for reinvention beside a large rear yard with laneway access that's ideal for renovators to flex their creative muscle or investors to maximise their returns (STCA).
A unique floorplan offers separately zoned living and dining spaces, a central kitchen well-sized for modern living, and four robed bedrooms privately zoned towards the quieter end of the home. Two family bathrooms offer the platform needed for easier reimagination, stepping outside to incredible potential across its already-separated rear yard, allowing for the opportunity to subdivide or redevelop with ease (STCA).
An exciting opportunity to renovate or reimagine the original home, subdivide and sell to the rear, build your own additional residence, or start over with a multi-site build, this incredibly rare prospect sits just metres from the northern edge of Frankston's CBD, steps from public transport, boutique and department stores, chic cafes and all-new restaurants, Chisholm TAFE, PARC Recreation Centre, freeway access, and the beautiful Frankston foreshore.
Rare strategic significance at Frankston's heart, ready for influential transformation and growth. Act quickly.
This property is currently leased out, the lease details are as follows:
Term: Month X Month
Monthly Rent: $2520 per month
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
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 21,674 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:
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