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9 Vera Street, Frankston, Vic 3199-Image

9 Vera Street, Frankston, Vic 3199

$850,000 - $930,000 | within FHSZ

House

Type

Bedrooms

Bathrooms

Parkings

674 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 9 Vera Street, Frankston, Vic 3199)

$850,000 - $930,000 | within FHSZ

View the agent price guide.

Jasmine McDougall - Real Estate Agent - Barry Plant - Frankston

Jasmine McDougall Property Consultant & Auctioneer

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Thomas Larkin - Real Estate Agent - Barry Plant - Frankston

Thomas Larkin Director, Licensed Estate Agent & OIEC

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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 versatile 3-bedroom house on a substantial 674m² block in a prime Frankston location, offering immediate rental income and development potential in a high-demand precinct.

🏡 Property Highlights

Prime location within the highly sought-after Frankston High School zone
Generous 674m² allotment offering development potential
Walking distance to Frankston Beach, CBD, and key amenities
Existing three-bedroom home with immediate rental income
Opportunity for redevelopment, dual occupancy, or luxury build (STCA)
Surrounded by quality homes in a high-demand growth corridor

✨ Key Features

Open-Plan Living
Built-in Robes
Waterfront / Views
Outdoor Area
Secure Parking
Home Office / Study
Pet-Friendly
Ensuite
Garage
Air Conditioning

Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal suburb renowned for its stunning beaches, excellent amenities, and strong growth prospects. Its proximity to Frankston High School, parks, and transport links makes it ideal for families, investors, and developers. The area boasts a mix of quality homes and lifestyle attractions, ensuring sustained demand. With easy access to shopping, healthcare, and recreational facilities, Frankston offers a balanced coastal lifestyle with excellent long-term investment potential.

Frequently Asked Questions

What are the future development possibilities for this property?

The property is zoned General Residential, allowing for redevelopment, dual occupancy, or a luxury new home build (STCA), subject to council approval.

Is the property currently tenanted?

Yes, it is leased on a month-to-month basis at $480 per week, providing immediate rental income.

What is the condition of the existing home?

The home was built in the 1980s and is in a livable condition, suitable for tenants or holding while planning redevelopment.

Are there any planning restrictions or easements on the land?

The property is within the Frankston High School zone and general residential zoning, with no specific easements noted. Further due diligence is recommended.

What are the nearby amenities and lifestyle attractions?

The property is within walking distance to Frankston Beach, Oliver's Hill, George Pentland Botanic Gardens, Frankston CBD, and local shops, offering a vibrant lifestyle.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could limit redevelopment or dual occupancy plans? What are the potential costs for council approvals or permits for redevelopment? Are there any existing structural issues or defects with the current home? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or livability? What are the strata or body corporate considerations if planning to subdivide or develop? Are there easements or covenants on the land that could affect future use? What are the ongoing council rates and land taxes for this property? Is there any history of pest or environmental issues on the land? Are there any restrictions on short-term rentals or Airbnb use in this zone?

9 Vera Street, Frankston, Vic 3199 - More Details

$850,000 - $930,000 | within FHSZ

Sale by Set Date ® Tuesday, May 26th at 1pm

Terms: 5/10% deposit
Settlement: 30/45/60 days
Tenanted: month-month lease $480p/w
Rental appraisal: $500 - 550 P/W (approx)
School Zone: FHS
Built: 1980s (approx)

Set in one of Frankston's most tightly held and high-performing pockets, 9 Vera Street is all about location, land and long-term upside.

Positioned within the highly sought-after Frankston High School zone, this is a rare opportunity for investors and developers to secure a substantial 674m² (approx.) allotment in a blue-chip growth corridor where demand consistently outpaces supply.

What truly sets this property apart is its walk-everywhere lifestyle, making it incredibly appealing for future resale or tenancy:

Frankston Beach & Oliver's Hill - 18–22 min walk
Little Olly's - 6–8 min walk
Frankston High School - 8–10 min walk
George Pentland Botanic Gardens - 6–8 min walk
Frankston Hospital - 8–10 min walk
Frankston Train Station - 18–22 min walk
Frankston CBD & Bayside Shopping Centre - 18–20 min walk
Frankston Park - 12–15 min walk
Foot Street Shops - 4–6 min walk

The existing three-bedroom home provides immediate rental income or holding potential, while the General Residential Zoning opens the door for redevelopment, dual occupancy or a luxury new home build (STCA).

Surrounded by quality homes, lifestyle amenity and key infrastructure, this is the kind of address that developers chase and investors hold tightly.

Opportunities in the FHSZ with this level of walkability and land size are increasingly rare-secure it now and capitalise on the growth trajectory of this premium Frankston precinct.

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: 674 m²

Price guide

View Statement Of Information

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9 Vera Street, Frankston, Vic 3199

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