1 Olympic Ave, Frankston, VIC, 3199

Light-Filled Family Living on a Generous 604sqm Allotment in a Prime Frankston Location

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Tuesday, March 10, 2026 ( See property details for 1 Olympic Ave, Frankston, VIC, 3199)

$800,000-$880,000 - Renovated

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

A beautifully presented three-bedroom home on a spacious 604sqm block in Frankston, offering modern living, ample outdoor space, and subdivision potential (STCA).

🏑 Property Highlights

  • Generous 604sqm allotment with subdivision potential (STCA)
  • Bright and airy open-plan kitchen and dining area with modern cabinetry
  • Main bedroom featuring a walk-in robe and private ensuite
  • Large backyard ideal for families and entertaining
  • Double garage/shed providing excellent storage or workshop space
  • Prime location close to schools, shops, parks, and public transport

✨ Key Features

  • Built-in Robes
  • Ensuite
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Shed
  • Waterfront / Views
  • Pet-Friendly
  • Internal Laundry
  • Ceiling Fans
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1 Olympic Ave
Frankston, VIC 3199
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Vertical aerial view β€” 1 Olympic Ave
1 Olympic Ave — Vertical Aerial  •  Frankston, VIC 3199  •  Nearmap © 2026

Frankston is a vibrant coastal suburb renowned for its beautiful beaches, excellent schools, and diverse shopping and dining options. It offers a relaxed lifestyle with easy access to public transport and parks, making it ideal for families and investors seeking growth potential. The area combines community charm with modern amenities, ensuring a convenient and enjoyable living experience.

What is the condition of the property and are there any recent renovations?
The property is beautifully presented with modern finishes and has been well-maintained, with recent updates to the kitchen and bathrooms enhancing its appeal.
Does the property have any subdivision or development potential?
Yes, the 604sqm allotment offers subdivision potential subject to council approval (STCA), making it an attractive option for future development.
What are the nearby amenities and transport options?
The property is conveniently located close to local schools, shops, parks, and public transport, providing easy access to daily essentials and commuting options.
Is the backyard suitable for entertaining or future extensions?
The large backyard offers ample space for outdoor entertaining, family activities, or potential future extensions or landscaping projects.
Are there any restrictions or covenants on the property?
Details regarding restrictions or covenants can be obtained from the local council or your legal advisor to ensure compliance with planning regulations.
Are there any existing planning restrictions or easements on the property that could affect subdivision or development plans? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming council or community developments in the area that could impact the property’s value or living environment? What are the total costs involved in the subdivision process, including council fees and approvals? Are there any known issues with the property's structure, plumbing, or electrical systems that require attention?

1 Olympic Ave, Frankston, VIC, 3199 - More Details

Light-Filled Family Living on a Generous 604sqm Allotment in a Prime Frankston Location

Type
House
Bedrooms
3
Bathrooms
2
Parkings
2

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