Could You Get a Better Location to Redevelop?
This property in Young Street Frankston is directly opposite the Frankston train station and bus interchange and only metres from the pedestrian crossing. It comprises four shops over two titles and has frontages to Young Street and the rear laneway of approximately 30 metres and a total land area of 1,000sqm approx. Presently 3 of the 4 shops are securely leased.
This is an excellent opportunity to look into the future and make a multi-level development right in the heart of Frankston. To discover more call Alan Weston on 9781 2111
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 21,738 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:
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