325A Nepean HighwayFrankston VIC 3199
Property Details for 325a Nepean Hwy, Frankston
Last Listing description (October 2016)
Take advantage of the current permit for 37 Apartments or change it (STCA) to ideally suit retail, offices or mix of all. Go up and maximise the opportunity for sweeping Port Philip Bay views on this prime, highway frontage land, just a stone s throw from the beach and Frankston Central.
Another option is to renovate the current dwelling to house any of the above, thus lowering building costs.
Whatever you decide, this is a rare piece of land with unlimited potential.
Owner says sell, so any reasonable offers will be considered.
Don t miss this opportunity.
Property History for 325a Nepean Hwy, Frankston, VIC 3199
- 28 Apr 2017Sold for $2,337,502
- 12 Nov 2016Listed for Sale Not Disclosed
- 01 May 2015Sold for $2,105,000
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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 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:
- The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
- Houses have a median rent of $575 while Units have a median rent of $490.
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