73 Wangarra Road, Frankston, Vic 3199

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
671 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 73 Wangarra Road, Frankston, Vic 3199)

$660,000 - $720,000

Thomas Larkin Director, Licensed Estate Agent & OIEC
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A solid brick family home on a large block with a versatile bonus space, offering excellent renovation potential in a highly convenient Frankston location.

🏡 Property Highlights

  • Generous 671m2 block with ample space for extension or landscaping
  • Solid brick construction providing a durable foundation for renovation
  • Separate rear rumpus/office with its own power supply, offering versatile use
  • Prime location close to Frankston CBD, Karingal Hub, and Frankston foreshore
  • Potential for high return as an investment or a customisable family home
  • Split-system heating and cooling for year-round comfort

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Garage
  • Outdoor Area / Balcony
  • Home Office / Study
  • Split-System Heating and Cooling
  • Double Carport
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Frankston is a vibrant coastal suburb offering a relaxed lifestyle with excellent amenities, including shopping, dining, and recreational facilities. Its strategic location provides easy access to Melbourne via Peninsula Link and boasts beautiful beaches and parks. The area is ideal for families, investors, and those seeking a laid-back yet connected community. With ongoing development and infrastructure upgrades, Frankston continues to be a highly desirable place to live and invest. Key points include its proximity to Frankston CBD, the foreshore, and major transport links, making it perfect for both work and leisure.

What renovation potential does the property offer?
The property features a solid brick structure with a large 671m2 block and a versatile rear studio, providing ample opportunity for cosmetic updates, extensions, or conversions to suit your lifestyle or investment goals.
Is the property suitable for investment purposes?
Yes, with a rental appraisal of approximately $550 per week and the potential to convert the bonus space into a self-contained unit, this property offers attractive income possibilities for investors.
What are the climate control features of the home?
The main residence is equipped with split-system heating and cooling, ensuring comfort throughout the year.
How accessible is the location?
The property is conveniently located near Frankston CBD, Karingal Hub shopping precinct, and the Frankston foreshore, with easy access to Peninsula Link for commuting to Melbourne or the Mornington Peninsula.
Can the rear studio be used as a separate dwelling?
Yes, once renovated, the rear studio can serve as a self-contained accommodation, a home office, or a teenager's retreat, offering flexible living options.
Are there any planning or zoning restrictions that could affect future extensions or modifications? Has the property been inspected for structural issues or potential defects? Are there any easements, covenants, or restrictions on the land that could impact development? What are the ongoing costs, including council rates and maintenance? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could affect the property? What are the strata or community title considerations, if applicable? Are there any hidden costs associated with the property, such as repairs or upgrades needed? Is the property compliant with all building codes and regulations? What is the history of the property's occupancy and any previous renovations or repairs?

73 Wangarra Road, Frankston, Vic 3199 - More Details

$660,000 - $720,000

Auction This Saturday (27th June @ 10:30am)

Deposit: 5/10%
Settlement: 30/45/60 days
Rental appraisal: $550 P/W (approx)

Calling all renovators, savvy investors, and first-home buyers looking to add serious value! Situated on a generous 671m2 (approx) block in a highly convenient pocket of Frankston, 73 Wangarra Road is a rock-solid brick home offering the ultimate blank canvas.

Boasting great bones and endless potential, this property is just waiting for someone to roll up their sleeves, bring their imagination, and transform it into a stunning modern residence.

The Main Residence:
The home features a traditional and highly workable floorplan comprising three bedrooms and a central family bathroom. With the inclusion of split-system heating and cooling, the climate control is already taken care of while you plan your cosmetic updates.

The Bonus Space:
One of the most exciting features of this property is the separate back rumpus/office. Complete with its own power supply, this versatile space offers incredible upside. Once renovated, it could easily serve as a fourth bedroom, a dedicated work-from-home office, a teenager's retreat, a kids' playroom, or even be fully converted into separate self-contained accommodation.

Property Highlights:

Solid Brick Construction: Fantastic structural bones ready for a modern cosmetic makeover.

Large 671m2 (approx) Allotment: Plenty of room to extend, landscape, or create your dream backyard.

Bonus Rear Studio: Powered and ready to be transformed to suit your lifestyle or investment needs.

Parking: Double carport providing ample off-street parking.

Comfort: Split-system heating and cooling in the main home.

The Location:
Convenience is key! You are positioned just a short drive from the newly upgraded Karingal Hub shopping precinct, the vibrant Frankston CBD, and the pristine Frankston foreshore. With easy access to Peninsula Link, your commute to the city or down the Mornington Peninsula is an absolute breeze.

Whether you are looking for your next flip, a rewarding DIY project, or a solid investment with multiple income possibilities, 73 Wangarra Road is an opportunity you do not want to miss.

Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
671 m²
Study
1

Price guide

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