32 Lardner Road, Frankston, Vic 3199

$790,000 - $850,000

House
Type
2
Bedrooms
1
Bathrooms
2
Parkings
714 m²
Area

Last updated on Friday, May 08, 2026 ( See property details for 32 Lardner Road, Frankston, Vic 3199)

$790,000 - $850,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property in a sought-after Frankston location offering immediate rental income and approved development plans for two townhouses.

🏡 Property Highlights

  • Prime development potential with approved plans for two townhouses (STCA).
  • Reliable rental income of $380 per week until January 2027 with long-term tenant.
  • Excellent location in the prestigious Frankston High School Zone.
  • Close proximity to Monash University and Frankston Hospital.
  • Walkable to Leawarra Train Station and local amenities.
  • Large 714 m² block offering ample space for future development.

✨ Key Features

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

Frankston is a vibrant coastal suburb renowned for its high-growth potential, excellent amenities, and strong community vibe. Key points include: proximity to beaches and parks, excellent transport links including train and bus services, a thriving retail and dining scene, reputable schools and healthcare facilities, and a strategic location for both families and investors seeking long-term capital growth.

What are the future development possibilities for this property?
The property has approved plans and permits for two side-by-side townhouses, subject to council approval (STCA), offering significant development potential.
Is the current tenant on a fixed lease?
Yes, the property is leased at $380 per week until January 2027, providing a steady income stream.
What amenities are nearby?
The property is close to Monash University, Frankston Hospital, Leawarra Train Station, local shops, and essential services.
Are there any planning restrictions or approvals in place?
Yes, there are previously approved plans and permits for two townhouses, which can streamline future development (STCA).
What is the condition of the existing house?
The current house is a 2-bedroom, 1-bathroom home, suitable for rental or renovation, with further development potential.
Are there any additional costs or fees associated with the approved development plans? Have all necessary council approvals and permits been obtained and are they current? Are there any zoning restrictions or easements affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming planning or construction activities nearby that could impact the property?

32 Lardner Road, Frankston, Vic 3199 - More Details

$790,000 - $850,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
2
Area
714 m²

Price guide

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