13 Lacenet Ave, Frankston North is a 3 bedroom, 1 bathroom House. The property has a land size of 604m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Opportunities with huge upside like this potential do not come by often. What we have here is an opportunity to create your own 'Castle' with a renovation or a redevelopment.
Add to that the neighbouring property is to be auctioned on the same day at 15 Lacenet Avenue Frankston North and you can double your chances with the POWER OF TWO
This modest brick veneer home is in need of a major revamp and is offered on an "AS IS" basis. Sitting on 603m2 (approx.) of prime Frankston North soil, plenty of development or subdivision (STCA) opportunities are out there.
Conveniently located on the doorstep of Mahogany Rise Primary and walking distance to Monterey Secondary College, local parklands, public transport. Adding to that it's only a short drive to Peninsula Kingswood & Centenary Park golf courses plus easy access to Mornington Peninsula Freeway it makes this a unique opportunity for astute investors, first home buyers or developers.
Buy one or buy them both!
PROPERTY PARTICULARS:
Lot Size | 603 sqm
Front Boundary | 15.24m
Rear Boundary | 39.62m
Chattels: All fittings and fixtures as inspected.
Deposit: 10%
Settlement Terms: 30 days.
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 2,779 properties. Over the last 5 years, Houses in Frankston North have seen a 53.89% increase in median value, while Units have seen a 51.86% increase. As at 30 November 2025:
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