Frankston's Best Central Development Opportunity (STCA) - RGZ1 Zoning with Triple Access.

For Sale

27 Lewis St, Frankston, VIC, 3199

Frankston's Best Central Development Opportunity (STCA) - RGZ1 Zoning with Triple Access.

House

Type

Bedrooms

Bathrooms

Parkings

Published on Wednesday, March 04, 2026 ( See property details for 27 Lewis St, Frankston, VIC, 3199)

$940,000 - $1,034,000 - Corner Block

Luke Magree - Real Estate Agent - OBrien Real Estate - Frankston

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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 4-bedroom family home on a substantial 717 sqm block in the heart of Frankston, offering exceptional redevelopment potential and central convenience.

🏡 Property Highlights

Prime central location just metres from Frankston CBD and foreshore
Potential for subdivision, redevelopment, or multi-site build (STCA)
Generous 717 sqm allotment with three street frontages
Separate zoned living and dining spaces for flexible living options
Large rear yard with laneway access, ideal for future expansion
Close to public transport, shops, cafes, and recreational facilities

✨ Key Features

Built-in Robes
Outdoor Area
Garage
Open-Plan Living
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

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27 Lewis St

Frankston, VIC 3199

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Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal suburb renowned for its stunning foreshore, diverse shopping precincts, and excellent transport links. It offers a relaxed lifestyle with easy access to parks, cafes, and recreational facilities. The area is experiencing growth and redevelopment, making it ideal for investors and families alike. Its strategic location provides convenient access to Melbourne via freeway and train, while maintaining a laid-back beachside vibe.

Frequently Asked Questions

What are the potential redevelopment options for this property?

The property offers potential for subdivision, redevelopment, or multi-site building (STCA), given its large allotment and strategic location.

Is the property suitable for renovation or extension?

Yes, the existing layout and substantial footprint provide a strong foundation for renovation, extension, or reconfiguration to suit modern living needs.

What amenities are nearby?

The property is close to Frankston CBD, public transport, boutique and department stores, cafes, restaurants, Chisholm TAFE, PARC Recreation Centre, and the foreshore.

What is the current lease arrangement?

The property is currently leased out with a monthly rent of $2,520, on a month-to-month basis.

Are there any planning restrictions or zoning considerations?

Potential buyers should consult local council regulations to confirm zoning and development restrictions, especially regarding subdivision and multi-site builds.

What to ask about this property to agent?

Are there any existing planning permits or approvals for subdivision or redevelopment? Are there any easements, covenants, or zoning restrictions affecting the property? What are the potential costs associated with subdivision or redevelopment (e.g., council fees, infrastructure upgrades)? Are there any known issues with the property's structure, drainage, or land stability? Is there any nearby construction or development planned that could impact the property’s value or livability? What are the strata or body corporate considerations if applicable? Are there any flood or bushfire risks in the area? What are the total ongoing costs, including council rates and maintenance? Is the property compliant with all building codes and regulations? Are there any restrictions on future use or modifications of the property?

27 Lewis St, Frankston, VIC, 3199 - More Details

Frankston's Best Central Development Opportunity (STCA) - RGZ1 Zoning with Triple Access.

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 2

27 Lewis St, Frankston, VIC, 3199 - Point Of Interest

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