8 Queen St, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 627m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Frankston in the last 12 months.
Auction Location: On Site
Discover an exceptional opportunity in one of the hottest real estate markets in the country. This property is situated on a generous 627sqm (approx) corner block, which is zoned for the highly sought-after Frankston High School. The property also falls within the newly approved Frankston Metropolitan Activity Centre catchment area, which is already stimulating significant growth in this brilliant location, nestled between cosmopolitan Melbourne and the beautiful Mornington Peninsula.
The property boasts a total of three bedrooms and two bathrooms. It is cleverly leased in two parts—the front portion as two-bedrooms and one bathroom and the back as one-bedroom with its own bathroom, designed to maximize rental return. The potential rental return at around $850 per week. Additionally, there is a convenient workshop area with a toilet located under the house, providing extra utility space.
Moreover, the property comes with a current planning permit for three architect-designed townhouses featuring three-bedrooms, two-bathrooms and two-car spaces each. These are ready to go, offering plenty of time left to commence works. This arrangement allows you to benefit from the existing dual rental income while planning your development, or you can simply enjoy the ongoing returns and capital growth potential this property offers.
This is an ideal investment for developers, investors, or owner-occupiers, given its prime location. It is centrally located near key amenities such as the Peninsula Aquatic Centre, Frankston's beautiful beach, Monash University, and the newly expanded Frankston Hospital. Located steps from Frankston Station, you will be in the CBD in no time. And with convenient access to Eastlink and Peninsula Link, you will be moving around the city and State with ease.
Secure your stake in Frankston's booming market and unlock the incredible potential that awaits on Queen Street!
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 21,759 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:
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