For Sale

3 Joy Street, Frankston, Vic 3199

$710,000 - $780,000

House

Type

Bedrooms

Bathrooms

Parkings

589 m²

Area

Last updated on Wednesday, May 27, 2026 ( See property details for 3 Joy Street, Frankston, Vic 3199)

$710,000 - $780,000

View the agent price guide.

Thomas Larkin - Real Estate Agent - Barry Plant - Frankston

Thomas Larkin Director, Licensed Estate Agent & OIEC

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Jonathan Sarris - Real Estate Agent - Barry Plant - Frankston

Jonathan Sarris Assistant to Thomas Larkin

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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 house on a 589m² block in Frankston offering immediate rental income, future development potential, and prime educational zoning.

🏡 Property Highlights

Prime 589m² allotment in the heart of Frankston's urban transformation
High-density development potential with up to 4 storeys (STCA) in HCTZ1 zone
Located within the prestigious Frankston High School Zone ensuring premium value
Currently tenanted at $500 per week until August 2026, providing immediate income
Strategic position near Frankston CBD with future growth prospects
Supports walkable catchment initiatives, ideal for future development

✨ Key Features

Built-in Robes
Open-Plan Living
Waterfront / Views
Home Office / Study
Outdoor Area
Secure Parking
Internal Laundry
Ceiling Fans
Heating
Extra Storage (Shed/Linen)

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3 Joy Street

Frankston, VIC 3199

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Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal city experiencing rapid urban growth, with a strong focus on infrastructure and development. The suburb offers excellent amenities, proximity to the CBD, and a thriving rental market. Its strategic location within the Frankston High School Zone and the Frankston Metropolitan Activity Centre positions it as a prime area for both investors and developers. The community benefits from a mix of modern amenities, natural beauty, and future-focused urban planning. With ongoing projects and government initiatives, Frankston is set to become a key hub in Melbourne’s southeastern corridor.

Frequently Asked Questions

What is the current condition of the house, and can it be renovated or extended?

The house is original and functional, providing a solid base for renovation or extension to maximise its potential.

What are the zoning regulations and development limits for this property?

The property is zoned HCTZ1, allowing for high-density development up to 4 storeys (13.5 metres) subject to council approval (STCA).

Is there any planning or infrastructure development planned for the area?

Yes, the Frankston Metropolitan Activity Centre (FMAC) Structure Plan has been approved, supporting urban growth and infrastructure upgrades.

Are there any restrictions or easements affecting the property?

The property is subject to local zoning and planning regulations; specific easements or restrictions should be confirmed via title search.

What are the potential risks, such as flooding or bushfire hazards, in this area?

Potential risks should be assessed through local council and environmental reports; the property’s location within Frankston generally has low bushfire risk but check flood maps for detailed information.

What to ask about this property to agent?

Are there any additional costs or levies associated with developing or renovating the property? Has the property been inspected for structural issues or pest infestations? Are there any existing planning permits or approvals in place for future development? What are the zoning restrictions and height limits for building extensions or new developments? Is there any planned infrastructure or construction nearby that could impact future development or living conditions? Are there any easements, covenants, or restrictions on the title that could affect development plans? What are the current and future council rates and land taxes for this property? Has the property been affected by flooding or other environmental risks in the past? Are there any strata or community titles involved, or is it a freehold property? What is the history of the property’s occupancy and rental performance?

3 Joy Street, Frankston, Vic 3199 - More Details

$710,000 - $780,000

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2
Area: 589 m²

Price guide

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3 Joy Street, Frankston, Vic 3199 - Point Of Interest

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3 Joy Street, Frankston, Vic 3199

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