59 Forest Drive, Frankston North, Vic 3200

$500,000 - $550,000

Residential Land
Type
589 m²
Area

Last updated on Friday, July 24, 2026 ( See property details for 59 Forest Drive, Frankston North, Vic 3200)

$500,000 - $550,000

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 rare, elevated corner block of approximately 589 sqm in a highly sought-after location, offering excellent potential for a custom residential development (STCA) opposite parklands and recreational facilities.

🏡 Property Highlights

  • Generous corner block of approximately 589 sqm with versatile boundary dimensions.
  • Excellent corner frontage providing flexible development options (STCA).
  • Prime RZ1 zoning suitable for new residential build or development projects.
  • Unbeatable lifestyle location directly opposite expansive parklands and recreational facilities.
  • Elevated leafy neighbourhood views enhancing the living environment.
  • Blank canvas ready for custom design and construction.

✨ Key Features

  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Built-in Robes
  • Ensuite
  • Garage
  • Air Conditioning
  • Swimming Pool
  • Security Screens / Gates
  • Pet-Friendly

Frankston North is a highly desirable suburb known for its family-friendly environment, expansive parklands, and recreational facilities. The area offers excellent connectivity to local amenities, schools, and transport options. Its leafy streets and elevated views create a peaceful, community-oriented lifestyle. With nearby sports ovals, aquatic centres, and open green spaces, it’s ideal for active families and outdoor enthusiasts. The suburb combines convenience with a relaxed, natural setting, making it a perfect place to build a dream home or invest in future growth.

What are the development potential and restrictions for this land?
The land is zoned RZ1, offering potential for residential development subject to council approval (STCA). It is advisable to consult with local planning authorities for specific development guidelines and restrictions.
Are there any existing services or utilities connected to the land?
As this is a vacant land listing, it is recommended to verify with local authorities or the selling agent regarding the availability of utilities such as water, electricity, and sewer connections.
What are the nearby amenities and lifestyle features?
The property is directly opposite large parklands, a sports oval, and an aquatic centre, providing excellent recreational opportunities. Local shops, schools, and public transport are also within easy reach.
Is there any existing planning or building approval required?
Yes, any construction or development will require approval from the local council. It is recommended to engage with a builder or architect early in the planning process.
What are the potential costs involved in developing this land?
Potential costs include council development fees, connection to utilities, site preparation, and any necessary planning or building permits. A detailed cost estimate should be obtained from professionals.
Are there any easements, covenants, or zoning restrictions that could affect my intended development plans? Has the land been tested for soil stability or environmental hazards? Are there any upcoming planning or infrastructure projects in the area that could impact the property? What are the strata or community title considerations, if applicable? Is the property located in a flood or bushfire-prone zone? Are there any existing or planned nearby construction activities that could cause noise or disruption? What are the total costs involved, including stamp duty, council fees, and other charges? Are there any restrictions on building height, design, or land use in this zone? Is the land title clear of any encumbrances or legal issues? What are the long-term growth prospects and property value trends in Frankston North?

59 Forest Drive, Frankston North, Vic 3200 - More Details

$500,000 - $550,000

Type
Residential Land
Area
589 m²

Price guide

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  • 59 Forest Drive, Frankston North, Vic 3200

    Saturday 22 August
    10:30 am

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