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Overview
Premium Frankston Development Opportunity Moments from the Beach
Welcome to 1 Anderson Street, Frankston, an exceptional development opportunity located in one of the area's most sought-after coastal pockets. This versatile property is positioned on a generous allotment just moments from the beach, offering outstanding potential for developers, builders, and savvy investors aiming to capitalize on the area's continued growth and strong buyer demand.
The property currently features a spacious five-bedroom, two-bathroom residence. It benefits from a quality long-term tenant, providing reliable holding income while future plans are considered. Whether you choose to renovate, landbank, or redevelop (subject to council approval), the substantial landholding and highly desirable location create the perfect foundation for a premium townhouse or multi-dwelling project in an area where quality homes are in high demand.
Set within easy reach of the Frankston waterfront, CBD, boutique cafés, restaurants, parks, leading schools, and public transport, this address delivers an exceptional combination of lifestyle convenience and long-term investment appeal. The area is experiencing strong population growth and increasing demand for quality low-maintenance homes, making the future potential here undeniable.
Whether you are looking to secure your next development site, landbank for the future, or unlock the full potential of a premium parcel of land, 1 Anderson Street offers endless possibilities in a thriving bayside market. Opportunities like this are increasingly rare, making this an outstanding property to explore further.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Auction | Sat 13th Jun 09:30 AM | |
| Auction $750,000-$825,000 | Walk To CBD |
Location
Frankston VIC 3199
Market Insights for Frankston VIC 3199
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
