Investment Opportunity: 3-Bedroom House with Development Potential in Frankston North

21 Longleaf Street, Frankston North, Vic 3200

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21 Longleaf Street, Frankston North, Vic 3200-Image

21 Longleaf Street, Frankston North, Vic 3200-Floorplan

House

Type

Bedrooms

Bathrooms

Parkings

689 m²

Area

Last updated on Tuesday, July 28, 2026 ( See property details for 21 Longleaf Street, Frankston North, Vic 3200)

$600,000

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Mark Burke - Real Estate Agent - OBrien Real Estate - Frankston

Mark Burke Licensed Estate Agent

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Taylor Kiriona - Real Estate Agent - OBrien Real Estate - Frankston

Taylor Kiriona Co-Agent to Mark Burke

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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 versatile 3-bedroom home on a large block with subdivision potential, ideal for investors, families, or tradies seeking a renovation or rebuild project in a prime location.

🏡 Property Highlights

Spacious 689m² block with subdivision potential (STCA)
Long-term tenants providing immediate rental income
Ideal for renovation, rebuild, or investment opportunities
Convenient location near schools, shops, and public transport
Generous gardens and outdoor living space
Potential to build a new home while maintaining current income

✨ Key Features

Outdoor Area
Built-in Robes
Open-Plan Living
Shed
Garage
Waterfront / Views
Pet-Friendly
Security Screens / Gates
Fly Screens
Internal Laundry

Suburb and Property Insights of Frankston North, VIC 3200

Frankston North is a family-friendly suburb offering a peaceful environment with easy access to local schools, shops, and recreational facilities. Its proximity to the Aquatic Centre, sports grounds, and public transport makes it ideal for active lifestyles. The area boasts convenient connectivity to Peninsula Link, Frankston CBD, and stunning beaches, making it a highly desirable location for both homeowners and investors. The community is known for its spacious parks and friendly atmosphere, perfect for families and first-time buyers alike.

Frequently Asked Questions

What are the potential uses for the subdivision STCA on this property?

The subdivision potential (STCA) allows for the possibility of dividing the large block to develop additional dwellings, subject to council approval, which can enhance investment returns or create separate living spaces.

Is the property suitable for renovation or rebuilding?

Yes, the property offers a solid foundation for renovation or rebuilding, making it ideal for tradies, families, or first home buyers looking to personalise or develop the site.

What amenities are nearby?

The property is conveniently located near local schools, shops, cafés, sports grounds, public transport, and is just minutes from Peninsula Link access, Frankston CBD, and beaches.

What is the condition of the current home?

The home is a classic 3-bedroom residence with an original kitchen and bathroom, with recent upgrades including a new electric oven and gas cooktop, ready for further renovation or occupancy.

Are there any restrictions or planning considerations?

Potential buyers should verify local council regulations and zoning laws, especially regarding subdivision and development options, to ensure compliance and feasibility.

What to ask about this property to agent?

Are there any hidden costs associated with subdivision or development approvals? Has the property been affected by flooding or bushfire risks? Are there any existing easements or zoning restrictions that could impact redevelopment plans? What are the current council rates and any upcoming levies? Is there any ongoing or planned construction nearby that could affect the property? Are there any issues with the property's title or boundary disputes? What is the condition of the existing structures, and are there any known defects? Are there any restrictions on pet ownership or outdoor modifications? Is the property compliant with all building codes and safety standards? What are the terms of the current tenancy agreement, and are there any lease restrictions?

21 Longleaf Street, Frankston North, Vic 3200 - More Details

$600,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 689 m²

Price guide

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in compliance with Estate Agents Act 1980

Interactive Property Floorplan - 21 Longleaf Street, Frankston North, Vic 3200

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Map & nearby places — 21 Longleaf Street, Frankston North, Vic 3200

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21 Longleaf Street, Frankston North, Vic 3200

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