11A -11B Fairway Street, Frankston, Vic 3199-Image

For Sale

11A -11B Fairway Street, Frankston, Vic 3199

11A -11B Fairway Street, Frankston, Vic 3199

$1,450,000 - $1,550,000

House

Type

Bedrooms

Bathrooms

Parkings

1,455 m²

Area

Last updated on Thursday, May 14, 2026 ( See property details for 11A -11B Fairway Street, Frankston, Vic 3199)

$1,450,000 - $1,550,000

View the agent price guide.

Thomas Larkin - Real Estate Agent - Barry Plant - Frankston

Thomas Larkin Director, Licensed Estate Agent & OIEC

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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 substantial 1,455 m² development-ready site in Frankston's vibrant growth corridor, offering immediate income and exceptional future potential within the HCTZ2 zone.

🏡 Property Highlights

Massive 1,455 m² flat, clear allotment with potential for high-density development (STCA).
Located within the elite HCTZ2 zone, enabling increased height and density bonuses.
Prime 30m frontage offering exceptional development opportunities and vertical advantage.
Two existing income-generating weatherboard residences providing immediate rental income.
Strategically positioned close to Frankston Hospital, Chisholm Institute, and Frankston Beach.
Ready for landmark transformation with a large site in Victoria's fastest-growing activity centre.

✨ Key Features

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

Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal suburb renowned for its stunning beaches, excellent transport links, and diverse amenities. It offers a dynamic lifestyle with proximity to educational institutions like Chisholm Institute, healthcare facilities, and recreational areas. The area is experiencing rapid growth, making it an ideal location for both investors and developers seeking high-yield opportunities. Its strategic position within Melbourne’s south-east ensures strong future capital growth and lifestyle appeal.

Frequently Asked Questions

What are the development possibilities for this site under the HCTZ2 zoning?

The HCTZ2 zoning allows for increased density and height bonuses (STCA), enabling options such as apartment complexes, multi-storey residential buildings, or rooming houses.

What is the current rental income from the existing residences?

The property currently generates rental income from two weatherboard residences: one leased at $1,977 PCM until 21/10/26, and the other on a month-to-month lease at $1,651 PCM.

Are there any planning restrictions or approvals required for development?

Yes, all development proposals will require approval under the local council and adherence to the HCTZ2 zoning regulations, including height and density bonuses (STCA).

What are the nearby amenities and transport options?

The property is conveniently located near Frankston Hospital, Chisholm Institute, Frankston Train Station, and Frankston Beach, providing excellent connectivity and lifestyle amenities.

Is the land suitable for immediate development or subdivision?

The large, flat, and clear 1,455 m² allotment is ready for development, subject to council approval and STCA considerations.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could impact development plans? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known environmental issues or contamination on the site? What are the council's current development approval processes and estimated timelines? Are there any nearby construction or planning activities that could affect future development or living conditions? What are the potential costs associated with rezoning or obtaining development approvals? Is there any history of flooding or bushfire risk in this area? Are there any strata or body corporate considerations if subdivided or developed? What are the ongoing maintenance costs for the existing residences? Are there any restrictions on building height or design due to local planning policies?

11A -11B Fairway Street, Frankston, Vic 3199 - More Details

$1,450,000 - $1,550,000

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 1,455 m²

Price guide

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11A -11B Fairway Street, Frankston, Vic 3199 - Point Of Interest

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11A -11B Fairway Street, Frankston, Vic 3199

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