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Overview
This waterfront land, nestled along Gould Street's prestigious beachfront, offers unparalleled opportunities with breathtaking uninterrupted views facing Long Island Beach. An exceptional property spanning approximately 804 square meters, it provides a generous canvas for potential owners to create their dream coastal home or for investors to develop a luxurious residence, benefiting from the strong demand in this esteemed market.
The prime location allows convenient access to Frankston CBD, scenic linear reserves, and major transport links including Frankston station. The area is also close to reputable local schools, parks, wetlands, golf courses, and renowned wineries, making it an attractive destination for lifestyle and investment alike.
With potential approval to construct up to three dwellings subject to council approval (STCA), this landholding uniquely appeals to both discerning homeowners seeking a bespoke coastal retreat and savvy investors looking for unit development opportunities in a region noted for robust capital growth.
This rare chance to establish a contemporary residential sanctuary aligns with the increasing demand for refined urban living within Frankston's most coveted enclave, offering an exciting prospect to capitalise on the lifestyle and investment advantages this location affords.
Local Market Insights
In Frankston, Quiet Listings observed 68 new houses entering the market over the last 30 days, up from 65 during the previous 30-day period, with an average advertised asking price of $974,779. The property type mix of listed properties is predominantly Houses at 57%, followed by units (16%), and apartments (10%). Murnane Real Estate was the most active agency in this area, representing 25.0% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
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.
Location
Frankston VIC 3199
Market Insights for Frankston VIC 3199
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