352 Nepean HighwayFrankston VIC 3199
Property Details for 352 Nepean Hwy, Frankston
Last Listing description (August 2024)
Enticing with opportunity to redevelop into luxury seaside townhouses, a chic apartment block, medical centre or corporate office facility (STCA), this 903m2 (approx) allotment spilling down to Kananook Creek enjoys blue-chip positioning in footsteps to Frankston's vibrant city centre.
Situated on the beachside of Nepean Highway with flexible mixed-use zoning, the site boasts excellent visibility for commercial ventures, as well as lifestyle convenience just 500 metres to Bayside Shopping Centre and 450 metres' stroll to the shore.
Presently site to a circa-1970s residence ready for removal, the property sits in an amenities-rich area with all mains services available, allowing for a hassle-free build once plans and permits have been secured.
So close to restaurants, cafes, breweries, gyms, cinemas, the train station, major shopping, Frankston Hospital and Monash University, the stage is set for something truly extraordinary in this highly sought precinct with miles of sandy shoreline practically on your doorstep.
A wide frontage and great access for builders will allow for easy construction on the site, which offers a blank canvas of possibilities for the savvy minded.
Should you require any further information, please do not hesitate to contact Brooke Wegener on 0448 382 643 or George Devic on 0400 022 192 anytime.
Please note Photo ID is required for all inspections.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Property History for 352 Nepean Hwy, Frankston, VIC 3199
- 07 May 2024Sold for $807,500
- 12 Mar 2024Listed for Sale $790,000 - $869,000
- 02 Sep 2009Listed for Sale $1,100,000 O.N.O
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About 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 21,755 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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