24/242 Cranbourne Road, Frankston, Vic 3199

$500,000 - $530,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
222 m²
Area

Published on Monday, October 12, 2026 ( See property details for 24/242 Cranbourne Road, Frankston, Vic 3199)

$500,000 - $530,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-located, low-maintenance two-bedroom unit offering comfortable living and excellent potential in Frankston.

🏡 Property Highlights

  • Privately positioned at the rear of a well-maintained complex
  • Generous, light-filled living and open-plan kitchen and dining area
  • Private, low-maintenance backyard ideal for outdoor living
  • Close proximity to Ballam Park, walking and cycling trails
  • Convenient access to Karingal Hub Shopping Centre and local amenities
  • Potential for cosmetic improvements to personalise the home

✨ Key Features

  • Split-system air conditioner
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Secure Parking
  • Water tank
  • Fully fenced
  • External Laundry
  • Pet-Friendly

Frankston is a vibrant coastal suburb offering a relaxed lifestyle with beautiful beaches, extensive parks, and excellent amenities. It boasts a strong community feel, convenient access to public transport, shopping centres, and educational institutions. The area is ideal for families, professionals, and investors seeking a balanced lifestyle. With its proximity to the Mornington Peninsula, residents enjoy easy access to outdoor activities and scenic coastal attractions.

What is the condition of the property and are there any planned renovations?
The property is well-maintained with scope for minor cosmetic improvements, allowing new owners to personalise the space.
What are the ongoing costs associated with this property?
Ongoing costs may include strata fees, council rates, and utility bills. Specific details can be obtained from the selling agent.
Is the property suitable for pets?
Yes, the property is pet-friendly, with a fully fenced outdoor area suitable for pets.
Are there any restrictions or covenants on the property?
Any restrictions or covenants would be detailed in the title or strata documentation; prospective buyers should review these prior to purchase.
What is the zoning classification and are there any development restrictions?
The property is zoned for residential use; further details on zoning and development restrictions can be obtained from local council planning departments.
Are there any hidden costs or upcoming maintenance fees associated with the complex? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any planning or development proposals nearby that could impact the property? Is there any history of pest infestations or structural issues? Are there any easements or zoning restrictions that could affect future renovations or extensions? What are the strata or body corporate fees and what do they cover? Is the property compliant with all building and safety regulations? Are there any planned upgrades or repairs to the common areas of the complex? What is the history of the property's ownership and any previous issues? Are there any noise or neighbour-related concerns in the area?

24/242 Cranbourne Road, Frankston, Vic 3199 - More Details

$500,000 - $530,000

Privately positioned at the rear of a well-maintained and quiet complex, this two-bedroom unit presents an excellent opportunity for first home buyers, downsizers or investors. Offering comfortable living with scope for minor cosmetic improvements, it is an ideal chance to add your own personal touch and make the home your own over time.

The light-filled interior features a spacious living room, with an open-plan kitchen and dining area that flows out to a generous, private and low-maintenance backyard.

Both bedrooms are generously sized, while the bathroom with bath, separate toilet and linen cupboard adds everyday practicality. Further features include a split-system air conditioner in the living area and a separate laundry with convenient external access.
Completing the picture is a single lock-up garage, along with an additional off-street parking space directly in front, conveniently positioned close to the front door.

The location is another highlight, with private gated access to Ballam Park and its walking and cycling trails. Karingal Hub Shopping Centre, cafés, restaurants, cinemas and public transport are all close by, along with local primary schools, McClelland College, Frankston Hospital, Monash University, Frankston Beach, Frankston CBD and the Mornington Peninsula Freeway.

Whether you are looking to purchase your first home, downsize to a manageable property or invest in a convenient location, this is an appealing opportunity to secure a home with potential in a sought-after Frankston location.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
222 m²

Price guide

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Map & nearby places — 24/242 Cranbourne Road, Frankston, Vic 3199

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