57 Mcmahons RoadFrankston VIC 3199
Property Details for 57 Mcmahons Rd, Frankston
57 Mcmahons Rd, Frankston is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 599m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (April 2023)
Situated within the recently amended Frankston High School Zone is this excellent opportunity not to be missed. On a substantial 603m2 (approx.) block is an existing three-bedroom home currently leased month to month, with plenty of opportunity to add value. There is also a sensational opportunity to develop with approved plans and permits for the construction of an intelligently designed three-bedroom, two-bathroom townhouse to the rear of the block.
Existing dwelling features include:
- Three good sized bedrooms
- Kitchen with electric stove
- Bathroom with shower over bath & laundry facilities
Proposed Development:
- Three bedrooms - Master complete with WIR & en-suite
- Open plan living & dining
- Full sized laundry
- Family bathroom with separate WC
- Study nook
- Double carport
On top of all the above the location is unbeatable being easily within walking distance to all major amenities including the Frankston Train Station, Frankston Shopping Centre & CBD, Monash University, Chisholm TAFE & the nationally recognized Frankston medical precinct. There is easy access to the Frankston/ Mordialloc Freeway's, Eastlink making a seamless journey into Melbourne CBD and Peninsula Link, the most efficient way to access the best wineries the region has to offer.
This investment is the perfect way to secure your piece of future growth in Frankston. If you are looking for an outstanding development opportunity - THIS IS IT! Make sure you contact the team before it's SOLD.
Property History for 57 Mcmahons Rd, Frankston, VIC 3199
- 25 Jan 2023Sold for $545,000
- 28 Sep 2022Listed for Sale UNDER CONTRACT!
- 23 Jul 2017Sold for $465,000
Recent sales nearby
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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 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:
- The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
- Houses have a median rent of $570 while Units have a median rent of $480.
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