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Overview
Keep the Front & Build at the Rear! Fully Renovated Home + Prime Subdivision Potential (STCA)
Whether you're looking for a savvy land bank investment or your next major construction project, 13 Oxford Street is the versatile gem you've been waiting for. Positioned in a high-demand pocket of Frankston, this property offers a rare trifecta of location, lifestyle, and lucrative development potential, already bolstered by the security of a fantastic renter currently in place.
The property features a beautifully updated three-bedroom home, ensuring immediate rental returns while you finalize your future plans. The residence boasts a modern family kitchen, a sun-filled dining or study area overlooking the backyard, and fully renovated living spaces. Comfort is guaranteed year-round with a split system for heating and cooling, while the secure key-code entry and enclosed yard provide the low-maintenance security that high-quality tenants prioritize.
The real value lies in the exceptional subdivision and development flexibility (STCA). Investors can choose to retain the existing renovated front home and the reliable income it provides while building a second dwelling at the rear. Alternatively, the site is perfectly primed for a complete transformation once the lease concludes, offering the space to knock down and rebuild one grand dream home or a high-density development of two townhouses.
The location is unbeatable for long-term growth and consistent tenant appeal. You are only moments away from Frankston Hospital and Monash University, and most importantly, the property sits within the highly sought after Frankston High School Zone. With public transport and local amenities at your doorstep, this is a prime opportunity to secure a high-performing asset on a substantial block in one of the area's most practical and sought-after locations.
Should you require any further information, please do not hesitate to contact us anytime.
Please note Photo ID is required for all inspections.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Change History
| Headline | When |
|---|---|
| $890,000 - $979,000 | |
| $900,000 To $990,000 |
Location
Frankston VIC 3199
Market Insights for Frankston VIC 3199
Other properties in this postcode
Private Sale | $1,730,000 - $1,900,000
12 Sweetwater Drive, Frankston South VIC 3199
Expressions of Interest | $1,650,000 - $1,800,000
13 Sweetwater Drive, Frankston South VIC 3199
$2,150,000 - $2,350,000
82 Derinya Drive, Frankston South VIC 3199
* 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.
