5 Pericoe Street, Frankston, Vic 3199

$880,000 - $950,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 5 Pericoe Street, Frankston, Vic 3199)

$880,000 - $950,000

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

Elevated Frankston home offering stunning bay views, spacious living, and versatile under-house potential.

🏡 Property Highlights

  • Elevated position with sweeping Port Phillip Bay views
  • Open plan living and dining with hardwood timber flooring
  • Alfresco terrace seamlessly connecting indoor and outdoor living
  • Main bedroom with built-in robes and rear bedroom with bay views
  • Renovated bathroom featuring a freestanding spa bath
  • Potential for self-contained accommodation or studio below

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Dishwasher
  • Outdoor Area
  • Waterfront / Views
  • Garage / Secure Parking
  • Open-Plan Living
  • Shed
  • Ceiling Fans
  • Extra Storage (Shed/Linen)

Frankston is a vibrant coastal suburb renowned for its stunning bay views, excellent schools, and proximity to natural reserves. It offers a relaxed lifestyle with easy access to cafes, parks, and the beach. The area boasts a strong community feel, with diverse housing options and convenient amenities. Its elevated position provides residents with breathtaking vistas and a sense of tranquility. Frankston’s strategic location ensures excellent connectivity to Melbourne and surrounding regions.

What are the main lifestyle benefits of this property?
This property offers stunning bay views, spacious open-plan living, and seamless indoor-outdoor entertaining, providing a relaxed coastal lifestyle.
Is there potential for additional development or renovation?
Yes, the under-house space presents potential for self-contained accommodation, a studio, or additional living areas, subject to council approval.
What features make this home suitable for families?
The home is located within the Frankston High School zone, close to primary schools, parks, and local amenities, making it ideal for families.
How does the property’s elevation benefit residents?
The elevated position provides uninterrupted views across Port Phillip Bay, enhancing the property's appeal and offering a sense of privacy and tranquility.
Are there any existing planning or building approvals for the under-house space? Is the property prone to flooding or bushfire risks given its elevation and location? Are there any easements, covenants, or zoning restrictions affecting the property? What are the ongoing council rates and potential additional costs for future development? Is there any nearby construction or development planned that could impact views or privacy?

5 Pericoe Street, Frankston, Vic 3199 - More Details

$880,000 - $950,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

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