1F/21 Inglis Avenue, Frankston, Vic 3199

MIXED USE ZONE | $880,000 - $960,000

Townhouse
Type
4
Bedrooms
4
Bathrooms
3
Parkings

Last updated on Sunday, May 17, 2026 ( See property details for 1F/21 Inglis Avenue, Frankston, Vic 3199)

MIXED USE ZONE | $880,000 - $960,000

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A modern, versatile three-storey mixed-use property in Frankston offering exceptional lifestyle flexibility, income potential, and strategic growth prospects.

🏡 Property Highlights

  • Versatile mixed-use property with residential and commercial spaces
  • Prime location within walking distance to Frankston Beach and CBD
  • Completed in 2020, offering modern design and contemporary features
  • Potential for multiple income streams and flexible usage options
  • High rental yield of approximately $41,340 per annum
  • Excellent investment opportunity in a rapidly growing precinct

✨ Key Features

  • Split system air conditioning
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area / Balcony
  • Garage / Secure Parking
  • Waterfront / Views
  • Ensuite
  • Security Screens / Gates
  • NBN / High-Speed Ready
  • Open-Plan Living

Frankston is a vibrant coastal suburb renowned for its stunning beaches, excellent transport links, and expanding commercial and residential developments. Key highlights include proximity to Frankston CBD, Bayside Shopping Centre, and major transport hubs like Frankston Station. The area benefits from ongoing infrastructure upgrades, a strong community vibe, and a growing demand for versatile properties, making it an ideal location for investors and owner-occupiers seeking long-term growth and lifestyle convenience.

What are the potential uses for this mixed-use property?
This property can be used for residential living, commercial purposes, consulting, retail, or a hybrid live/work setup, offering flexibility to suit various business and lifestyle needs.
Is the property suitable for investment or owner occupation?
Yes, the property is ideal for both investors seeking strong rental income and owner-occupiers looking for a versatile, modern home with commercial potential.
What amenities are nearby?
The property is within walking distance to Frankston Beach, Frankston CBD, Bayside Shopping Centre, cafes, restaurants, and major transport links including Frankston and Kananook Stations.
What are the key features of the residential space?
The residential area features four spacious bedrooms, four and a half bathrooms, a large open-plan living and dining area, private balcony, contemporary stone kitchen with stainless steel appliances, and built-in robes.
What are the advantages of the mixed-use zone (MUZ)?
The MUZ offers multiple potential uses, broader tenant appeal, leasing flexibility, and adaptability to future market conditions, making it a highly sought-after zoning classification.
Are there any upcoming planning or development applications in the area that could affect the property's value or usage? What are the zoning restrictions and permitted uses under the Mixed Use Zone (MUZ)? Are there any existing easements, covenants, or restrictions on the property? Has the property been inspected for structural issues or defects, and are there any ongoing maintenance concerns? What are the council rates, land taxes, and any other ongoing costs associated with the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any planned infrastructure projects or upgrades that could impact the property? What are the terms of the current lease, and are there any leasehold or tenancy considerations? Are there any strata or body corporate arrangements, and what are the associated fees and responsibilities? Is the property compliant with all relevant building codes and regulations, including any necessary permits for commercial use?

1F/21 Inglis Avenue, Frankston, Vic 3199 - More Details

MIXED USE ZONE | $880,000 - $960,000

Type
Townhouse
Bedrooms
4
Bathrooms
4
Parkings
3
House Size
272 m²
Study
1

Price guide

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