4 Rodney Court, Frankston, Vic 3199

$700,000 - $760,000

House
Type
3
Bedrooms
1
Bathrooms
645 mΒ²
Area

Last updated on Friday, July 03, 2026 ( See property details for 4 Rodney Court, Frankston, Vic 3199)

$700,000 - $760,000

Dimitris Koptis Investment Property Sales Specialist & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-residence property in a prime Frankston location offering excellent investment potential and development prospects.

🏑 Property Highlights

  • Dual residence setup generating substantial rental income
  • Prime location minutes from Frankston's golden beach
  • Potential for development with Plans & Permits (STCA)
  • Generates nearly $34,000 annual income
  • Large land size of 645 m² suitable for future projects
  • Close to Bayside shopping centre, public transport, parks, and Chisolm TAFE

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Built-in Robes
  • Home Office / Study
  • Pet-Friendly
  • Garage / Secure Parking
  • External Laundry
  • Extra Storage (Shed/Linen)
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4 Rodney Court
Frankston, VIC 3199
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Vertical aerial view β€” 4 Rodney Court
4 Rodney Court — Vertical Aerial  •  Frankston, VIC 3199  •  Nearmap © 2026

Frankston is a vibrant coastal suburb renowned for its stunning beaches, excellent shopping and dining options, and strong community vibe. It offers convenient access to public transport, parks, and educational institutions like Chisolm TAFE. The area is highly sought after for both lifestyle and investment, with ongoing development and growth opportunities. Its proximity to the beach makes it ideal for those seeking a relaxed coastal lifestyle combined with urban amenities.

What is the current condition of the residences?
The properties are well-maintained and ready for tenants or future development, with potential for upgrades to increase value.
Are there any planning restrictions or approvals required for development?
Development plans are subject to council approval; applying for Plans & Permits (STCA) is recommended to explore future development options.
What are the rental yields and current income?
The combined rental income from both residences is approximately $34,000 per annum, offering a strong return for investors.
Is the property suitable for owner-occupiers or investors?
The property is ideal for both investors seeking rental income and developers interested in future projects, given its dual residence setup and development potential.
What amenities and services are nearby?
The property is close to Frankston's beaches, Bayside shopping centre, public transport, parks, and Chisolm TAFE, providing convenient access to daily needs and leisure.
Are there any zoning restrictions or easements affecting the property? What are the potential costs involved in applying for Plans & Permits (STCA)? Are there any existing structural issues or defects with the residences? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or planning activities in the vicinity that could impact the property?

4 Rodney Court, Frankston, Vic 3199 - More Details

$700,000 - $760,000

Type
House
Bedrooms
3
Bathrooms
1
Area
645 mΒ²

Price guide

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