8-10 Bragge Street, Frankston, Vic 3199

$2,900,000

Residential Land
Type
2,856 m²
Area

Published on Thursday, June 25, 2026 ( See property details for 8-10 Bragge Street, Frankston, Vic 3199)

$2,900,000

Peter Dodd OIEC / Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare and substantial development site of approximately 2,856m² in Frankston's prime coastal growth corridor, offering flexible zoning and significant future potential (STCA).

🏡 Property Highlights

  • Prime development land of approximately 2,856m² in a sought-after coastal corridor
  • Rezoned to Residential Growth Zone 1 (RGZ1) offering flexible development options
  • Potential for multi-level residential development up to six storeys (STCA)
  • Excellent location less than 1km from Frankston Station and CBD
  • Close proximity to Port Phillip Bay and Frankston's vibrant beachfront
  • Strategic position within a thriving growth area with significant future upside

✨ Key Features

  • Residential Growth Zone 1 (RGZ1)
  • Potential for multi-level residential development up to six storeys (STCA)
  • Ideal for apartments, townhouses, or mixed residential outcomes (STCA)
  • Close to major retail, dining, healthcare, education, and recreational amenities
  • Positioned within a thriving growth corridor
  • Rare opportunity for landmark residential development
  • Approx. 2,856m² of prime development land
  • Less than 1km to Frankston Station and CBD
  • Moments from Port Phillip Bay and beachfront
  • Additional adjoining land available via vendors discussion

Frankston is a vibrant coastal city experiencing significant growth, renowned for its stunning beaches, excellent transport links, and diverse amenities. The suburb offers a dynamic lifestyle with easy access to shopping, dining, entertainment, and outdoor recreation. Its strategic location within Melbourne's expanding metropolitan area makes it an ideal choice for residential development and investment. With ongoing infrastructure improvements and a strong community vibe, Frankston continues to attract families, professionals, and investors alike.

What types of residential developments are permitted on this site?
The site is zoned RGZ1 and offers potential for multi-level residential developments such as apartments, townhouses, or mixed-use projects, subject to council approval (STCA).
What is the maximum building height allowed?
Developments of up to six storeys are possible on this site, subject to planning approval (STCA).
Are there any restrictions or covenants on the land?
The land has been rezoned to RGZ1, which provides flexibility for development, but any specific restrictions or covenants should be confirmed through due diligence with local authorities.
Is there potential for adjoining land to be included in a development?
Yes, additional adjoining land is available via vendor discussion, which could enhance development scope and scale.
What infrastructure and amenities are nearby?
The site is close to Frankston Station, CBD, major shopping centers, healthcare, education facilities, and recreational amenities including Port Phillip Bay.
Are there any existing planning restrictions or upcoming zoning changes that could affect development potential? What are the costs associated with obtaining development approvals and permits? Are there any known environmental issues or site contamination concerns? Is there any existing infrastructure or utility access that could impact development costs? Are there any easements, covenants, or restrictions on the adjoining land that could limit development options? What are the potential costs for site preparation, including earthworks or demolition? Are there any planned infrastructure projects or developments nearby that could impact the site? What are the flood or bushfire risks associated with this location? Is the land subject to any strata or body corporate arrangements? Are there any local council or community plans that could influence future development or land use?

8-10 Bragge Street, Frankston, Vic 3199 - More Details

$2,900,000

A rare and significant offering in one of Melbourne's most exciting coastal growth corridors, this substantial landholding of approximately 2,856m² presents an exceptional opportunity to secure a premium development site with outstanding future potential (STCA).

Recently rezoned to Residential Growth Zone 1 (RGZ1), the property provides the flexibility and scale sought by developers looking to deliver a landmark residential project. Whether your vision includes luxury townhouses, boutique apartments, or a multi-level residential development, the possibilities are extensive (STCA).

Perfectly positioned just moments from the pristine shoreline of Port Phillip Bay, the site enjoys unparalleled access to lifestyle amenities, transport, and essential services. Residents will appreciate being less than
1 kilometre from Frankston Station, Frankston CBD, major shopping destinations, entertainment venues, cafés, restaurants, and the vibrant waterfront precinct.

As Frankston continues its transformation into one of Victoria's premier coastal cities, opportunities of this size, zoning, and location are becoming increasingly scarce. With the potential for developments of up to six storeys (STCA), this site offers developers the chance to capitalise on strong population growth, increasing housing demand, and ongoing investment throughout the region.

Property Highlights
• Approx. 2,856m² of prime development land
• Residential Growth Zone 1 (RGZ1)
• Potential for multi-level residential development up to six storeys (STCA)
• Ideal for apartments, townhouses, or mixed residential outcomes (STCA)
• Less than 1km to Frankston Station and Frankston CBD
• Moments from Port Phillip Bay and Frankston's renowned beachfront
• Close to major retail, dining, healthcare, education, and recreational amenities
• Positioned within a thriving growth corridor with significant future upside
• Rare opportunity to create a landmark residential development in a tightly held location

An Opportunity Not To Be Missed

Development sites of this scale, zoning flexibility, and strategic location are rarely offered to the market.

Secure your place in Frankston's exciting future and unlock the full potential of this exceptional coastal development opportunity.

* Additional Adjoining land also available via vendors discussion.

Contact our team today to arrange a confidential discussion and request further information.
Type
Residential Land
Area
2,856 m²

Price guide

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