1 Nilma Court, Frankston, Vic 3199

$820,000 - $900,000

House
Type
4
Bedrooms
1
Bathrooms
1
Parkings
868 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 1 Nilma Court, Frankston, Vic 3199)

$820,000 - $900,000

Thomas Larkin Director, Licensed Estate Agent & OIEC
  • 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

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.

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.
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

Type
House
Bedrooms
4
Bathrooms
1
Parkings
1
Area
868 m²

Price guide

View Statement Of Information

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Auctions

  • 1 Nilma Court, Frankston, Vic 3199

    Saturday 4 July
    10:30 am

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