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28 Cranbourne Road, Frankston, Vic 3199-Image

28 Cranbourne Road, Frankston, Vic 3199

$1,150,000

House

Type

Bedrooms

Bathrooms

Parkings

758 m²

Area

Last updated on Wednesday, June 17, 2026 ( See property details for 28 Cranbourne Road, Frankston, Vic 3199)

$1,150,000

Andrew Milne - 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 corner property in Frankston offering income, development potential, and exceptional visibility in a highly accessible location.

🏡 Property Highlights

Prime corner location on Frankston's most prominent entry corridor
Income-producing medical asset with long-term lease until October 2027
Versatile property with potential for multi-level mixed-use development (STCA)
Generous Willis Street frontage suitable for multi-duplex or apartment complex
Existing building easily convertible back to a spacious single dwelling
Close proximity to public transport, educational institutions, shopping, and CBD

✨ Key Features

Garage
Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Built-in Robes
Home Office / Study
Ceiling Fans
Extra Storage (Shed/Linen)
NBN / High-Speed Ready

Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal suburb renowned for its thriving CBD, extensive foreshore, and excellent transport links. Key points include: high accessibility to public transport and major roads, proximity to educational and healthcare facilities, a growing retail and dining scene, strong community amenities, and significant development momentum driving future growth.

Frequently Asked Questions

What is the current use of the property and what are the lease terms?

The property is currently leased as a medical clinic until October 2027, with three consultation suites, reception, waiting area, private office, staff tea room, and nine on-site carparks.

What development opportunities does the zoning allow?

The zoning permits construction of up to four storeys (STCA), offering potential for multi-level mixed-use development, including apartments or multi-duplex configurations.

Can the existing building be converted back to a residential home?

Yes, the existing structure retains the proportions and bones suitable for conversion back to a spacious single-family residence.

What amenities and facilities are nearby?

The property is close to buses, PARC Recreation Centre, Chisholm TAFE, Power Centre shops, M3 freeway, Monash University, hospitals, and Frankston's CBD and foreshore.

Is there potential for further development or expansion?

Yes, the site’s zoning and generous frontage support multi-storey development, duplexes, or apartments, subject to council approval.

What to ask about this property to agent?

Are there any existing planning or development restrictions or easements affecting the site? What are the potential costs associated with converting the building back to residential use? Are there any known issues with the property's structure or services? Has the property been affected by flooding, bushfire risks, or environmental hazards? Are there any upcoming planning or infrastructure projects in the vicinity that could impact the property’s value or use? What are the strata or body corporate considerations if developing into multiple units? Are there any zoning or compliance issues that need to be addressed before redevelopment? What are the current council requirements for building height and density on this site? Is there any history of disputes or encumbrances on the title? Are there any restrictions on signage or advertising on the property?

28 Cranbourne Road, Frankston, Vic 3199 - More Details

$1,150,000

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 9
Area: 758 m²

28 Cranbourne Road, Frankston, Vic 3199 - Point Of Interest

Locate Near By Places of 28 Cranbourne Road, Frankston, Vic 3199 On Map

Your Commute at a Glance: 28 Cranbourne Road, Frankston, Vic 3199

Email Enquiry To OBrien Real Estate - Frankston

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28 Cranbourne Road, Frankston, Vic 3199

$1,150,000

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