1 Anderson Street, Frankston, Vic 3199

For Sale

1 Anderson Street, Frankston, Vic 3199-Floorplan

House

Type

Bedrooms

Bathrooms

Parkings

937 m²

Area

Last updated on Wednesday, June 10, 2026 ( See property details for 1 Anderson Street, Frankston, Vic 3199)

$750,000-$825,000 | Walk to CBD

View the agent price guide.

Tia Milne - Real Estate Agent - OBrien Real Estate - Frankston

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile five-bedroom house on a large coastal allotment offering outstanding development potential in a prime Frankston location.

🏡 Property Highlights

Exceptional development opportunity in a sought-after coastal pocket
Generous 937 m² allotment close to the beach
Currently tenanted with reliable holding income
Potential for renovation, landbanking, or redevelopment (STCA)
Highly desirable location near Frankston waterfront and CBD
Strong growth area with high demand for quality homes

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Home Office / Study
Secure Parking
Pet-Friendly
Internal Laundry
Ceiling Fans
Extra Storage (Shed/Linen)

Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant bayside suburb renowned for its stunning beaches, thriving local amenities, and strong community atmosphere. It offers excellent access to public transport, leading schools, and a variety of cafes and parks. The area is experiencing significant growth, making it an ideal location for both lifestyle and investment. With its relaxed coastal vibe and ongoing development, Frankston continues to attract discerning buyers seeking quality homes and future potential.

Frequently Asked Questions

What are the development possibilities for this property?

The property offers potential for renovation, landbanking, or redevelopment into a premium townhouse or multi-dwelling project, subject to council approval (STCA).

Is there an existing tenant, and what is the rental income?

Yes, the property currently has a long-term tenant in place, providing reliable holding income while planning or development is considered.

What amenities and services are nearby?

The property is within easy reach of Frankston waterfront, CBD, boutique cafes, restaurants, parks, leading schools, and public transport options.

What is the condition of the property?

The property is a spacious five-bedroom, two-bathroom house, suitable for renovation or redevelopment, with existing quality features.

Are there any planning restrictions or zoning considerations?

Development plans are subject to local council approval (STCA). It is recommended to consult with the relevant authorities for specific zoning and planning regulations.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could affect redevelopment plans? What are the potential costs associated with subdivision or redevelopment approval? Are there any easements, covenants, or encumbrances on the land? Has the property been tested for flood or bushfire risks? Are there any upcoming construction or infrastructure projects nearby that could impact the property? What are the strata or body corporate considerations if subdivided or redeveloped? Are there any hidden costs related to the existing structures or land condition? Is the property compliant with all local building codes and regulations? What are the long-term zoning plans for this area? Are there any restrictions on property modifications or extensions?

1 Anderson Street, Frankston, Vic 3199 - More Details

$750,000-$825,000 | Walk to CBD

Type: House
Bedrooms: 5
Bathrooms: 2
Parkings: 2
Area: 937 m²

Price guide

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1 Anderson Street, Frankston, Vic 3199 - Point Of Interest

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