4, 4a & 5 Douglas Grove, Frankston, Vic 3199-Image

For Sale

4, 4a & 5 Douglas Grove, Frankston, Vic 3199

$3,750,000 - $3,950,000

Residential Land

Type

3,302 m²

Area

Last updated on Wednesday, April 08, 2026 ( See property details for 4, 4a & 5 Douglas Grove, Frankston, Vic 3199)

$3,750,000 - $3,950,000

View the agent price guide.

Aarryn Cooper - Real Estate Agent - Ray White - Carrum Downs

Aarryn Cooper Licensed Estate Agent

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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 rare, large-scale vacant landholding in Frankston offering exceptional development potential and strategic location for high-density projects.

🏡 Property Highlights

Large 3,302m² flat vacant allotment in Frankston's most sought-after precinct
Zoning allows for up to four-stories (STCA), offering high-density development potential
Strategic location near Frankston High School, Derinya Primary School, and major educational institutions
Excellent connectivity with a ten-minute walk to Frankston Station and quick access to Peninsula Link and EastLink
Ideal for high-density residential projects, land banking, or commercial uses (STCA)
Concept plan available for an apartment complex, enhancing development prospects

✨ Key Features

Residential Land
High Yield Investment Opportunity
Flexible Terms
Multiple Titles
Close to Schools
Proximity to Transport
Development Potential
Strategic Location
Vacant Land
Flat Terrain

Suburb and Property Insights of Frankston, VIC 3199

Frankston is a vibrant coastal suburb blending relaxed lifestyle with strong infrastructure. It offers excellent connectivity to Melbourne, proximity to educational institutions like Monash University and Chisholm TAFE, and a growing demand for modern housing. The area boasts a mix of commercial and residential developments, making it an ideal location for investors and developers. With its high walkability score and access to amenities, Frankston continues to attract families, students, and professionals seeking a balanced lifestyle. The suburb’s strategic position and development-friendly zoning make it a prime choice for high-yield projects.

Frequently Asked Questions

What types of development are permitted on this land?

The zoning allows for high-density residential development up to four stories (STCA), with potential for apartments, townhouses, or commercial uses.

Are there any existing structures or demolition costs involved?

The land is vacant and has had demolition costs removed, allowing for immediate commencement of design and permit processes.

What are the planning and building height restrictions?

The site permits building heights of up to 13.5 metres, subject to council approval (STCA).

Is there a concept plan available for development?

Yes, a concept plan for an apartment complex is available upon request.

What are the nearby amenities and infrastructure?

The property is close to schools, major transport links, medical facilities, and shopping precincts, making it highly accessible.

What to ask about this property to agent?

Are there any zoning restrictions or planning overlays that could affect development plans? What are the potential costs for obtaining permits and approvals for high-density development? Are there any easements, covenants, or restrictions on the land? Has a recent land survey been conducted to confirm boundaries and land size? Are there any known environmental issues or contamination on the site? What are the local council requirements for building height and density? Is there any nearby construction or planned developments that could impact future value? Are there any flood or bushfire risks associated with the land? What are the strata or body corporate considerations if developing multiple units? Are there any existing infrastructure or utility connections, and what are the costs to connect or upgrade?

4, 4a & 5 Douglas Grove, Frankston, Vic 3199 - More Details

$3,750,000 - $3,950,000

Type: Residential Land
Area: 3,302 m²

Price guide

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4, 4a & 5 Douglas Grove, Frankston, Vic 3199 - Point Of Interest

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