302-308 Nepean Highway, Frankston, Vic 3199

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Residential Land
Type
2,137 m²
Area

Published on Thursday, June 11, 2026 ( See property details for 302-308 Nepean Highway, Frankston, Vic 3199)

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A prime 2,137sqm development site in Frankston's vibrant activity centre, offering approved plans for eight luxury townhouses and exceptional future potential.

🏡 Property Highlights

  • Significant 2,137sqm development site with outstanding Nepean Highway frontage
  • Currently approved planning application for 8 luxury architect-designed townhouses
  • Strategically located within the Frankston Activity Centre Zone, part of urban renewal precinct
  • Walking distance to Frankston CBD, transport, retail, and lifestyle amenities
  • Exceptional future development potential (STCA) in a high-growth area
  • Positioned in Melbourne's rapidly evolving metropolitan activity centre

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views

Frankston is a dynamic coastal suburb experiencing significant urban renewal and growth. Key points include: 1) Strategic location within Melbourne’s expanding metropolitan area, 2) Proximity to Frankston CBD, retail, and lifestyle amenities, 3) Strong demand for quality residential developments, 4) Well-supported by public transport and infrastructure, 5) Positioned within a designated growth and urban renewal precinct fostering future investment.

What is the current zoning and future development potential of the site?
The property is located within the Frankston Activity Centre Zone, with approved plans for eight luxury townhouses and significant future development potential (STCA) in a high-growth urban precinct.
Are there any existing structures or improvements on the land?
The property is designated as residential land with no mention of existing structures; it is primarily a development site ready for future projects.
What infrastructure and amenities are available nearby?
The site is within walking distance to Frankston CBD, public transport, retail outlets, healthcare services, education facilities, and lifestyle amenities, supporting a vibrant community environment.
What are the planning and approval processes for development?
A planning application for eight luxury townhouses is currently lodged with the council, and future development will be subject to compliance with local planning schemes and approvals.
What are the key benefits of investing in this site?
The site offers strategic location within a designated growth zone, approved development plans, strong demand for residential properties, and significant future potential in a revitalising urban area.
Are there any hidden costs or additional fees associated with the development approval process? Has the site been surveyed for easements, zoning restrictions, or flood risks? Are there any existing planning restrictions or covenants that could impact future development? Is there any nearby construction or planned infrastructure projects that could affect the site? What are the current property taxes and rates applicable to this land? Are there any environmental or heritage considerations affecting the site? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known issues with access or utility connections on the site? What is the status of the planning application, and are there any anticipated delays? Are there any strata or body corporate considerations if the site is subdivided or developed?

302-308 Nepean Highway, Frankston, Vic 3199 - More Details

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Type
Residential Land
Area
2,137 m²

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