310 Nepean Hwy, Frankston is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 459m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
A wonderful opportunity to secure a key site in Frankston with plans and permits for For construction of a four (4) storey building comprising a semi-basement, eighteen (18) dwellings and cafe (this is 302-308 Nepean Highway). Additional site is 310 Nepean Highway (site is one dwelling on 461sqm of land and currently leased). Total offering of approx 2,590sqm.
GATEWAY OF FRANKSTON // RARE MARKET OPPORTUNITY
Gateway site
Strewn like a million sapphires these breathtaking bay views can be absorbed from either endorsed plans (302-308 Nepean Highway) or your dream development, which according to Frankston City Council is a "gateway site", including with exemptions from both setback controls and pedestrian links.
Frankston are building a bigger, bolder CBD that continues to see healthy private and government investment, and this opportunity for two titles including a potential third is unseen. Don't wait, enquire now about how you can secure this gem!
THE DETAILS
- 2,590.75m2, with a 107.5m frontage, 38.65m deep
- MUZ with commercial and residential opportunities include apartments; residential aged care; accommodation; service station; retail and office; leisure and recreation (other than informal outdoor recreation); medical centre and allied health; place of assembly; and any other permitted uses
- Income from a 4-bedroom home, with a tenancy and sprawling backyard; and subject to securing the third title off-market a 2-bedroom home
- Picturesque setting with access to beach and creek views; in addition to plenty of kayaking and fishing fun!
- Gould Street, Long Island beach and tennis amenities are a minute walk over the Kananook Creek footbridge or via the footpath
- Strong access via the Nepean Highway and Mornington Peninsula Freeway
- Walking distance to Frankston CBD and a smorgasbord of restaurants
Please call to discuss this opportunity further on 0458323782.
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 21,668 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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