1/623 Nepean Hwy, Frankston South is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 405m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
An unparalleled sense of grandeur flourishes through every corner of this distinguished 5-bedroom abode, nestled atop Olivers Hill with panoramic views over the bay. A vogue of refined luxury and contemporary elegance blends effortlessly throughout its family-oriented design, creating a haven of sophistication with impeccable attention to detail.
Beautiful Blackbutt floors gracefully guide you through a reverse-style layout, placing living, dining and kitchen spaces on the upper floor. The terrace balcony seamlessly extends the fireside open-plan living and dining area through its bi-fold doors, maximising the expansive beauty of its Port Phillip Bay views. A lavish stone island kitchen combines style and functionality with its butler's pantry, plumbed refrigerator, Kleenmaid cooking appliances and a Miele dishwasher, delivering a true testament to the art of gourmet cooking.
Indulgence knows no bounds in the upstairs master bedroom, delivering a deep walk-in robe and a twin-vanity ensuite, matched by three additional bedrooms on the lower floor (one with an ensuite). Unwind in the large downstairs rumpus room and adjacent gymnasium, granting access to both the front and rear terrace and deck with thriving vegetable gardens.
Additional features include an upstairs home office/additional bedroom, a dumbwaiter to the ground-floor laundry, commercial-grade windows, remote blinds, ducted vacuuming and a double garage. Located in the coveted Frankston High School zone, it offers proximity to Mount Eliza Village shopping, cafes and premier schools, with Frankston CBD amenities and the pristine foreshore just moments North.
The size of Frankston South is approximately 14.6 square kilometres. There are 36 parks, covering nearly 10.1% of the total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.
Frankston South has 8,130 properties. Over the last 5 years, Houses in Frankston South have seen a 11.72% increase in median value, while Units have seen a 6.14% increase. As at 31 July 2026:
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