Strategic High-Density Development Opportunity | HCTZ2 Zoning

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11A Fairway St, Frankston, VIC, 3199

Strategic High-Density Development Opportunity | HCTZ2 Zoning

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Bedrooms

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Parkings

Last updated on Monday, March 30, 2026 ( See property details for 11A Fairway St, Frankston, VIC, 3199)

Thomas Larkin - Real Estate Agent - Barry Plant - Frankston

Thomas Larkin Director, Licensed Estate Agent & OIEC

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14 Wickham Street

Marsden Park NSW 2765 • Lot 412

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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 prime zone, offering immediate income and exceptional future growth potential.

🏡 Property Highlights

Massive 1,455 m² flat, clear allotment with significant development potential
Located within the elite HCTZ2 zone, enabling increased density and height (STCA)
Prime Frankston location close to Frankston Hospital, Chisholm Institute, and Frankston Beach
Two existing rental residences providing immediate income streams
30m frontage allowing for large-scale development and height bonuses
Strategic landholding in Victoria's fastest-growing activity centre

✨ Key Features

Open-Plan Living
Built-in Robes
Garage
Outdoor Area
Waterfront / Views
Home Office / Study
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
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 growing infrastructure. It offers a diverse community, a range of recreational and cultural amenities, and strong future growth prospects. The area is highly sought after for both lifestyle and investment opportunities, making it an ideal location for developers and homeowners alike.

Frequently Asked Questions

What are the development opportunities with this site?

The site is zoned HCTZ2, allowing for increased density and height (STCA), suitable for apartment complexes, multi-storey residential projects, or rooming houses, leveraging the large 30m frontage and land size.

What is the current rental income from the existing residences?

The property includes two weatherboard residences leased at $1,977 PCM and $1,651 PCM, providing reliable income while planning development.

Are there any planning restrictions or approvals required?

Yes, development is subject to council approval and STCA (Subject To Council Approval). It is recommended to consult with local planning authorities for detailed requirements.

What are the zoning benefits for this property?

The HCTZ2 zoning allows for increased density and height bonuses, facilitating larger and taller residential projects, aligning with Frankston’s growth strategy.

Is the land suitable for subdivision or other uses?

Yes, the flat, clear 1455m² allotment is suitable for subdivision or large-scale development, subject to planning approval and compliance.

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 issues with soil stability or drainage on the site? What are the local council’s specific requirements for high-density development in this zone? Are there any upcoming planning or infrastructure projects in the area that could affect the property’s value or development potential? Is there any history of flooding or bushfire risk associated with this land? Are there any strata or community titles involved, or is it freehold land? What are the current zoning regulations and height restrictions for this site? Are there any existing planning permits or approvals in place? What are the potential additional costs associated with development, such as levies or infrastructure contributions?

11A Fairway St, Frankston, VIC, 3199 - More Details

Strategic High-Density Development Opportunity | HCTZ2 Zoning

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2

11A Fairway St, Frankston, VIC, 3199 - Point Of Interest

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11A Fairway St, Frankston, VIC, 3199

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