62 Young StreetFrankston VIC 3199
Property Details for 62 Young St, Frankston
Last Listing description (August 2021)
Rare opportunities like these seldom come along at the Gateway to the Mornington Peninsula with a total population of in excess of 300,000 people.
This outstanding and unique opportunity to Invest and enjoy medium to longer-term income, with quality strategic redevelopment opportunities.
Set in arguably what is the best commercial precinct in Frankston, where some $850M has been allocated for future education and infrastructure much of which is now completed.
Opposite new major Transport Interchange, within 400 metres of Bayside Shopping Centre and Chisolm Education Centre.
Commercial Development overlay affording maximum flexibility for retail and multi-level development (STCA).
Ideally would suit commercial, offices or residential.
Held by the one family for 35 years.
For more information contact:
Myles Snow on 0418 314 109
Tom Ayfantis on 0408 574 048
Property History for 62 Young St, Frankston, VIC 3199
- 27 Mar 2020Listed for Sale Price on Application
- 14 Nov 2015Listed for Sale EXPRESSIONS OF INTEREST
- 06 Jun 2013Listed for Rent - Price not available
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 21,733 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:
- The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
- Houses have a median rent of $580 while Units have a median rent of $490.
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