118 Rosemary Cres, Frankston North is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 889m2 and floor size of 158m2.This Property is currently listed for sale with OBrien Real Estate Frankston
Perfect for developers, tradies or investors, this 3-bedroom house on a substantial block of 889sqm (approx.) boasts sensational views across the neighbourhood to Port Philip Bay from the second floor, and represents a fantastic opportunity to create something special within the thriving Frankston North community.
Offering space for potential subdivision, you could demolish the existing home and construct 2 or 3 new units here, or retain the current residence for a complete makeover and build an additional unit on the site, all subject to council approval.
Set privately at the end of a long driveway, with double carport, the existing 2-storey home comprises a generous lounge/family room on the ground floor, opposite a spacious dining room and kitchen with corner pantry, plus laundry with garden access, toilet, and under-stairs storage. Upstairs you'll find a rumpus room opening to a balcony where you can soak in the fantastic outlook. There's also a main bedroom with WIR and ensuite, plus 2 further bedrooms with BIRs, and a bathroom. To the rear of the property, the back garden is slightly sloping and lined by trees, backing onto the borders of the Peninsula Country Golf Club.
Bring your vision, plans and tools to make the most of this great opportunity, conveniently positioned near local shops and cafs, primary and secondary schools, Aquatic Centre, Flora and Fauna Reserve, bus stops and freeway access.
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37.0% of total area. The population of Frankston North in 2016 was 5762 people. By 2021 the population was 5711 showing a population decline of 0.9% in the area during that time. The predominant age group in Frankston North is 30-39 years. Households in Frankston North are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston North work in a trades occupation.In 2021, 52.20% of the homes in Frankston North were owner-occupied compared with 51.10% in 2016.
Frankston North has 2,777 properties. Over the last 5 years, Houses in Frankston North have seen a 51.24% increase in median value, while Units have seen a 41.97% increase. As at 31 January 2026:
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