16 Thames Street, Frankston South, Vic 3199

$1,100,000 - $1,210,000

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
1,011 m²
Area

Published on Monday, October 12, 2026 ( See property details for 16 Thames Street, Frankston South, Vic 3199)

$1,100,000 - $1,210,000

Brooke Wegener ASSOCIATE PARTNER - SALES AGENT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile family home on a large, sought-after allotment in Frankston South, offering exceptional potential for renovation or rebuild in a prime location.

🏡 Property Highlights

  • Generous 1,011sqm allotment in a highly desirable Frankston South location
  • Excellent scope for renovation, extension, or rebuilding (STCA)
  • Prime position within walking distance to schools, parks, shops, cafes, beaches, and Frankston CBD
  • Established gardens and expansive backyard offering outdoor lifestyle options
  • Located in the sought-after Frankston High School and Overport Primary School zones
  • Flexible floorplan with two separate living areas and spacious kitchen

✨ Key Features

  • Split-system heating and cooling
  • Established gardens
  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Water tank
  • Floorboards
  • Secure Parking
  • Pet-Friendly
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16 Thames Street
Frankston South, VIC 3199
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Vertical aerial view — 16 Thames Street
16 Thames Street — Vertical Aerial  •  Frankston South, VIC 3199  •  Nearmap © 2026

Frankston South is a highly sought-after suburb renowned for its beautiful beaches, excellent schools, and vibrant community. It offers a peaceful, family-friendly environment with easy access to parks, shopping precincts, and the Frankston CBD. The area boasts established greenery and spacious land parcels, making it ideal for those seeking a relaxed lifestyle with future development potential. Its prime location ensures convenience and a high quality of life for residents.

What is the condition of the existing home, and are there any renovation restrictions?
The home is in a comfortable condition with a flexible floorplan, offering scope for renovation, extension, or rebuilding (STCA). Buyers should verify any renovation restrictions or planning controls with local authorities.
What are the zoning and development potential for this property?
The property is zoned for residential use with potential to renovate, extend, or rebuild, subject to council approval and STCA (Subject To Council Approval).
Are there any known issues with the land or property, such as flooding or easements?
All available information indicates the land is suitable for development; however, buyers should conduct their own due diligence regarding flood risks, easements, or other site-specific considerations.
What are the ongoing costs associated with the property, such as council rates and maintenance?
Ongoing costs include council rates, which vary, and maintenance of the established gardens and outdoor areas. Buyers should request current rate notices for precise figures.
Is the property suitable for future development or subdivision?
Given the large 1,011sqm allotment and zoning, there is potential for development or subdivision, subject to council approval and planning regulations.
Are there any planning restrictions or overlays that could affect future renovations or development plans? Has the property been tested for flood or bushfire risks, and are there any associated hazards? Are there any easements, covenants, or zoning restrictions that could limit use or development? What are the total costs involved in potential renovations or rebuilds, including permits and council fees? Are there any existing issues with the property's structure, foundation, or services that require attention? Is there any nearby construction or development activity that could impact the property’s value or living environment? Are there any strata or community title considerations, or is this a freehold property? What are the current property taxes and rates, and are there any upcoming increases? Are there any restrictions on pet ownership or outdoor modifications? Has the property been inspected for pests, mold, or other environmental concerns?

16 Thames Street, Frankston South, Vic 3199 - More Details

$1,100,000 - $1,210,000

Positioned in one of Frankston South's most desirable pockets, this is an opportunity where the location is the real standout. Set in a quiet, established street on a generous 1,011sqm (approx.) allotment, this property offers an exceptional combination of lifestyle, convenience and future potential.

Within the highly sought-after Frankston High School zone and Overport Primary School zone, the location is hard to beat. Enjoy the convenience of being within walking distance of local schools, parks, shops, cafes, Frankston's vibrant CBD and beautiful beaches, all while enjoying the peace and privacy of this tightly held neighbourhood.

The existing three-bedroom, two-bathroom home offers a flexible floorplan with two separate living areas, a spacious kitchen and established gardens. Comfortable as it stands, the home also presents an exciting opportunity for buyers looking to renovate, extend or explore the potential to build their dream home (STCA).

The expansive allotment is a real highlight, offering plenty of outdoor space, established greenery and room to bring your own vision to life.

Property Highlights:

• Generous 1,011sqm (approx.) allotment
• Quiet street in a highly desirable Frankston South location
• Zoned for Frankston High School and Overport Primary School
• Three bedrooms and two bathrooms
• Two separate living areas
• Spacious kitchen with ample storage
• Split-system heating and cooling
• Established gardens and expansive backyard
• Separate garage with long driveway
• Exciting scope to renovate, improve or rebuild (STCA)
• Walking distance to schools, parks, shops, cafés, the beach and Frankston CBD

It's all about the location, the land and the opportunity.

Whether you're looking to secure a family home in a premium school zone, take on a renovation project or create something special on a substantial parcel of land, 16 Thames Street offers an opportunity to secure your place in one of Frankston South's most sought-after neighbourhoods.

Properties offering this combination of land, location and potential are becoming increasingly difficult to find.

Should you require any further information, please do not hesitate to contact Brooke Wegener on 0448 382 643 anytime.

Please note Photo ID is required for all inspections.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
1,011 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 17 Oct 10:50 am

    Saturday 17 October
    10:50 am - 11:10 am
  • Inspection Mon 19 Oct 4:00 pm

    Monday 19 October
    4:00 pm - 4:20 pm

Auctions

  • 16 Thames Street, Frankston South, Vic 3199

    Saturday 7 November
    12:30 pm
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