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1 Nilma Court, Frankston, Vic 3199

$820,000 - $900,000

House

Type

Bedrooms

Bathrooms

Parkings

868 m²

Area

Last updated on Wednesday, September 02, 2026 ( See property details for 1 Nilma Court, Frankston, Vic 3199)

$820,000 - $900,000

View the agent price guide.

Thomas Larkin Director, Licensed Estate Agent & OIEC

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Jonathan Sarris Assistant to Thomas Larkin

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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 development site in central Frankston offering exceptional potential for subdivision, renovation, or new build on a spacious corner allotment.

🏡 Property Highlights

Prime development potential with a substantial 873m² corner block
Exceptional location just steps from St Johns Primary School and Beach Street shops
Ideal for subdivision, multi-dwelling development, or complete renovation
Close proximity to Frankston CBD, Karingal Hub, and Bayside Shopping Centre
Spacious existing four-bedroom, two-bathroom home ready for transformation
Highly sought-after central Frankston position with excellent lifestyle amenities

✨ Key Features

Open-Plan Living
Waterfront / Views
Outdoor Area
Built-in Robes
Garage
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Frankston, VIC 3199

Frankston offers a vibrant coastal lifestyle with excellent amenities, including shopping centres, cafes, and beaches. Its central location provides easy access to public transport, recreational facilities, and the CBD. The area is highly sought after for both family living and investment opportunities. With a mix of established homes and development sites, Frankston continues to attract those seeking a dynamic and convenient lifestyle.

Frequently Asked Questions

What are the potential uses for this property?

This property offers potential for subdivision, multi-dwelling development (STCA), renovation, or building a new family home, making it suitable for investors, developers, and owner-occupiers.

Is there development approval in place?

Currently, the property is a blank canvas with existing structures, and any subdivision or development would require council approval (STCA).

What are the key features of the existing dwelling?

The existing home is a four-bedroom, two-bathroom residence, providing a substantial footprint for renovation or redevelopment.

How accessible is the location?

The property is within walking distance to primary schools, shopping strips, public transport, and the beach, offering an ultra-convenient lifestyle.

Are there any restrictions or zoning considerations?

Potential buyers should verify zoning and planning regulations with Frankston City Council to confirm subdivision and development options.

What to ask about this property to agent?

Are there any existing planning restrictions, easements, or covenants affecting the property? What are the potential costs associated with subdivision or development approval? Are there any known issues with the existing structures or site contamination? Is the property located within a flood or bushfire risk zone? Are there any upcoming planning or infrastructure projects in the area that could impact the property?

1 Nilma Court, Frankston, Vic 3199 - More Details

$820,000 - $900,000

AUCTION 4/07/2026 at 10:30am (Unless sold prior)

Deposit: 5/10%
Settlement: 30/60/90 days

Calling all visionary developers, astute investors, and ambitious builders! Superbly situated on a sprawling 868m² (approx) corner allotment, this property represents a rare and lucrative blank canvas in one of Frankston's most convenient and highly sought-after pockets.

Whether you are looking to clear the site to make way for a lucrative multi-townhouse subdivision (STCA), design and construct your ultimate dream family home, or take on a grand-scale renovation project, the foundational elements for success are right here. The site currently holds an original four-bedroom, two-bathroom dwelling, providing a substantial footprint for those looking to completely reimagine the existing structure, or the perfect excuse to start fresh and capitalise on the expansive corner block dimensions.

The true hero of this property is its unbeatable lifestyle location. Positioned on the very edge of the Frankston CBD, you can leave the car at home. It is a mere 200-metre stroll to St Johns Primary School and just 350 metres to the Beach Street shopping strip, ensuring supermarkets, vibrant cafes, restaurants, and public transport are always right at your fingertips.

Within a few minutes' drive, you can find yourself exploring the newly upgraded Karingal Hub, browsing Bayside Shopping Centre, hitting the local golf courses, or relaxing on the pristine sands of the award-winning Frankston foreshore.

Property Highlights:

Substantial Land Holding: 873m² (approx) corner block.

Prime Development Site: Exceptional potential for a subdivision or multi-dwelling site (STCA).

Blank Canvas Appeal: Existing 4-bedroom, 1-bathroom footprint ready to be cleared or completely transformed.

Ultra-Convenient Location: Footsteps to St Johns Primary (200m) and Beach Street shops/cafes (350m).

Lifestyle Proximity: Minutes to Frankston CBD, Karingal Hub, Bayside, public transport, and the beach.

Opportunities of this size, scope, and central positioning are incredibly rare. Bring your architect, bring your builder, and bring your imagination.

Contact us today to explore the site and secure your next big project!

Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Type: House
Bedrooms: 4
Bathrooms: 1
Parkings: 1
Area: 868 m²

Price guide

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1 Nilma Court, Frankston, Vic 3199

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