561 Nepean HighwayFrankston VIC 3199
Property Details for 561 Nepean Hwy, Frankston
Last Listing description (November 2025)
Property must sell, all offers welcome by Monday, 24th Nov 2025
Positioned on one of the most exclusive waterfront addresses, this rare parcel of vacant land offers a once-in-a-lifetime opportunity to create a bold architectural masterpiece. With fully council-approved plans already in place, this is a seamless chance to build a luxurious, statement residence that redefines contemporary coastal living.
Conceptualised by renowned architects, the proposed design blends timeless elegance with a powerful modern aesthetic. Every element has been carefully curated-from the commanding faade to the flowing interior layout-creating a residence of enduring beauty and striking presence.
Inside, the design features soaring ceilings and expansive open-plan living spaces where floor-to-ceiling glass panels capture uninterrupted panoramic views of the ocean. Natural light floods every corner, creating a sense of lightness and airiness that complements the surrounding coastal landscape.
The home spans multiple levels and includes a private lift, ensuring luxury and accessibility. At its heart, a gourmet chef's kitchen boasts a large island bench, premium appliances, and generous storage-all positioned to overlook the water, making it ideal for both grand entertaining and relaxed everyday living.
Each of the four oversized bedrooms is designed as a private master suite, complete with its own balcony and sweeping ocean vistas. The main suite is a true retreat, featuring a vast walk-in robe and a luxury ensuite that echoes the finest five-star resorts.
Additional lifestyle features include a three-car garage with space for a home gym or collector's display, and multiple living zones designed for both intimate moments and large-scale entertaining. Every detail has been considered to support effortless coastal living in absolute comfort and style.
This offering is more than land-it is a fully envisioned legacy. With the design and approvals in place, all that remains is to bring this extraordinary home to life and claim a landmark position in one of the most coveted waterfront settings.
I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floorplans are to scale and created based on the photographers' best knowledge.
Property History for 561 Nepean Hwy, Frankston, VIC 3199
- 01 Aug 2025Listed for Sale $1,290,000
- 22 Apr 2025Listed for Sale $1,488,888 - $1,637,777
- 12 Jan 2023Listed for Sale $1,250,000 - $1,325,000
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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 21,757 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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