40 Brighton Street, Frankston South, Vic 3199

$1,450,000 - $1,595,000

House
Type
3
Bedrooms
1
Bathrooms
8
Parkings
1,289 m²
Area

Published on Monday, April 13, 2026 ( See property details for 40 Brighton Street, Frankston South, Vic 3199)

$1,450,000 - $1,595,000

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

Exceptional development opportunity on a large 1,289sqm block in Frankston South, featuring approved plans for four architecturally designed townhouses and an existing rental home.

🏡 Property Highlights

  • Approved plans and permits for 4 architecturally designed double storey townhouses
  • Substantial 1,289sqm allotment in a high-growth, sought-after location
  • Existing well-maintained 1960s double-storey home with instant rental income
  • Prime position near Norman Avenue shopping strip, Sweetwater Creek Nature Reserve, and bay
  • Within desirable Frankston High School and Derinya Primary School zones
  • Secure double garages for each townhouse, ideal for modern living

✨ Key Features

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

Frankston South is a highly desirable suburb known for its scenic coastal views, strong community feel, and excellent amenities. It offers easy access to natural reserves, beaches, and vibrant shopping precincts. The area is popular among families and investors alike, thanks to its high-growth potential and quality schools. With a peaceful, elevated setting, it provides a perfect balance of lifestyle and convenience.

What is the current condition of the existing property on the site?
The existing property is a well-maintained 1960s double-storey home that is currently leased, providing immediate rental income.
Are there any restrictions or covenants on the development plans?
The plans and permits for four townhouses have been approved, subject to compliance with local council regulations and conditions.
What are the zoning details for this property?
The property is zoned for residential development, with approved plans for multi-unit townhouses, making it suitable for high-density residential projects.
Is there potential for further subdivision or development?
The current approved plans are for four townhouses; any further subdivision or development would require additional approvals from local authorities.
What are the nearby amenities and transport options?
The property offers easy access to Norman Avenue shopping strip, local transport, Sweetwater Creek Nature Reserve, and the bay, providing a convenient lifestyle.
Are there any additional costs or fees associated with the development approval process? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any existing easements, covenants, or zoning restrictions that could impact development plans? What is the status of council approvals, and are there any conditions that need to be met? Are there any upcoming planning or construction activities in the area that could affect the property’s value or livability?

40 Brighton Street, Frankston South, Vic 3199 - More Details

$1,450,000 - $1,595,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
8
Area
1,289 m²

Price guide

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