3/32 Petrie St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 244m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Here is an exceptional opportunity to secure a generously proportioned two-bedroom unit in a fantastic location. This attractive unit, one of only three on the block, offers both privacy and convenience, making it ideal for first-time buyers, downsizers, or savvy investors.
Currently leased by a long-term tenant on a month-to-month basis for $440.00 per week
Property Highlights:
Two Large Bedrooms: Both bedrooms feature built-in robes, providing ample storage space and comfortable living.
Functional Layout: A spacious, well-appointed kitchen with a generous meals area is perfect for family gatherings, while the separate lounge room offers plenty of space to relax or entertain guests.
Comfort Year-Round: Enjoy the convenience of split system heating and cooling, ensuring your comfort throughout the seasons.
Extra Convenience: A separate laundry and single garage enhance everyday practicality, offering extra space not usually found in a unit.
Impressive Outdoor Area: Step outside to discover a larger-than-average yard for a unit, ideal for gardening, outdoor dining, or simply enjoying a sunny afternoon.
Self-Managed Body Corporate: Benefit from the independence and lower fees that come with a self-managed body corporate arrangement.
Location Perfection:
Ideally positioned, you'll enjoy a short walk to everything Frankston has to offer:
Frankston Train Station and CBD
Beautiful Frankston Beach
Chisholm Institute
Vibrant Beach Street Shops and Cafs
This remarkable unit combines a central location with practical, comfortable living, representing excellent value in todays market. Don't miss this fantastic opportunity to secure your future in thriving Frankston.
Arrange an inspection today
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 21,776 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:
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