87 Casuarina Drive, Frankston South, Vic 3199

For Sale

87 Casuarina Drive, Frankston South, Vic 3199-Image

87 Casuarina Drive, Frankston South, Vic 3199

$995,000 - $1,090,000

House

Type

Bedrooms

Bathrooms

Parkings

Published on Monday, August 17, 2026 ( See property details for 87 Casuarina Drive, Frankston South, Vic 3199)

$995,000 - $1,090,000

View the agent price guide.

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AI Property Insight

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

A well-positioned, peaceful Frankston South home on a large allotment with an established tenant in place, perfect for investors or future homeowners.

🏡 Property Highlights

Established tenancy until August 2027 with a neat and well-maintained tenant
Generous 825m² allotment offering ample outdoor space
Peaceful location directly opposite a local reserve with open outlook
Close to local schools, parks, shops, and amenities
Positioned in a quiet and calm residential pocket of Frankston South
Ideal for both owner-occupiers and investors seeking immediate rental income

✨ Key Features

Split-system heating and cooling
Carport
Outdoor Area
Built-in Robes
Open-Plan Living
Ensuite
Fully fenced
Water tank
Security Screens / Gates
Pet-Friendly

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87 Casuarina Drive

Frankston South, VIC 3199

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Suburb and Property Insights of Frankston South, VIC 3199

Frankston South offers a tranquil lifestyle with scenic reserve views, excellent local amenities, and easy access to Frankston and the Mornington Peninsula. The area is renowned for its family-friendly environment, spacious parks, and a strong community feel. Properties here provide a peaceful retreat while remaining close to essential services and recreational facilities. The neighbourhood's calm streets and natural surroundings make it highly desirable for both families and investors seeking long-term growth.

Frequently Asked Questions

What is the current lease term and rental income for this property?

The property is leased until 24 August 2027, with the current tenant maintaining the home well, providing a secure rental income for investors.

What are the key features that make this property suitable for families or investors?

The property offers a spacious 825m² allotment, a peaceful reserve outlook, established tenancy, and proximity to local amenities, making it ideal for both families and investors.

Is there potential for future development or renovation on this property?

With a large allotment of approximately 825m², there is potential for future development or renovation, subject to council approvals.

What are the nearby amenities and transport options?

The property is conveniently located close to local schools, parks, shops, and offers easy access to Frankston and the Mornington Peninsula.

Are there any restrictions or covenants on the property?

Details regarding restrictions or covenants are not specified; prospective buyers should conduct due diligence with relevant authorities.

What to ask about this property to agent?

Are there any upcoming council or community plans that could affect the property's value or surroundings? Has the property been inspected for structural issues or pest infestations? Are there any easements, zoning restrictions, or covenants that could limit future use or development? What are the ongoing costs associated with the property, including council rates and maintenance? Is the property located in a flood or bushfire-prone area, and what precautions are in place? Are there any planned developments or construction projects nearby that could impact privacy or noise levels? What are the terms of the current lease, and are there any conditions that could change upon sale? Are there any strata or community titles involved, and what are the associated fees? Has the property been compliant with all building and safety regulations? Are there any known issues with the property's infrastructure, such as plumbing or electrical systems?

87 Casuarina Drive, Frankston South, Vic 3199 - More Details

$995,000 - $1,090,000

Positioned in a quiet and peaceful pocket of Frankston South, the property sits directly opposite the local reserve, giving the home a lovely open outlook and a sense of space that's hard to find. With the reserve across the road and the surrounding streets offering a calm residential feel, it's a location where residents can genuinely enjoy a quieter way of life.

The property is also conveniently located close to local schools, parks, shops and everyday amenities, with easy access to Frankston and the Mornington Peninsula.
Currently leased to a tenant until 24 August 2027, the property also makes sense for investors looking for an established tenancy from day one. The tenant takes pride in the home and keeps it neat, tidy and well maintained, providing added confidence for the incoming owner.

For an investor, the appeal is clear a tenant already in place, a lease secured through to August 2027 and a substantial 825m² (approx.) allotment in a peaceful Frankston South setting.

Set on a generous 825m² (approx.) allotment, the home offers 3 bedrooms, 1 bathroom, split-system heating and cooling and a carport, with plenty of outdoor space surrounding the property.

Whether you're looking to secure your future home now and move in later, or add a well-positioned property with an established tenancy to your portfolio, 87 Casuarina Drive offers an opportunity worth considering.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 2

Price guide

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87 Casuarina Drive, Frankston South, Vic 3199

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