FOR SALE
$740,000 - $814,000

18 Summit Road
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 652m2
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Auction Time
Fri 24 Jan 6:00 pm
Inspection Times
No upcoming inspections scheduled.
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Prime Opportunity in Frankston High School Zone

Nestled within the coveted Frankston High School zone and just steps away from the Foot Street shops, this property is a prime opportunity for developers and homeowners alike. With recent high-end developments in the street, this property presents a fantastic chance to invest in a thriving area. Whether you're eyeing a grand rebuild or a chic renovation (STCA) capitalise on a generous 652sqm (approx) allotment - a truly rare find with potential that's begging to be unlocked.
Original interior spaces provide a workable floor plan with a large lounge upon entry featuring gas ducted heating and refrigerated cooling, a large kitchen/meals area with gas cooking and access to the side of the house. Four bedrooms; serviced by an updated family bathroom with separate toilet, laundry and a lock-up garage/shed to the rear, with gates providing additional secure off-street parking.
Location is everything, and this property delivers. A leisurely 20-minute walk takes you to the beach and Olivers Hill via Sweet Water Creek Reserve, while the nearby hospital precinct, Frankston's lively entertainment scene, George Pentland Gardens, Overport Primary School and PARC are all within easy reach. Seize the opportunity to make your mark and create something truly special in this vibrant and sought-after neighbourhood.
Should you require any further information, please do not hesitate to contact Brooke Wegener on 0448 382 643 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.
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Property Details for 18 Summit Rd, Frankston

18 Summit Rd, Frankston is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 652m2. The place is currently for sale with Ray White Frankston.

Building Type
House
Land Size
652m2

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,717 properties. Over the last 5 years, Houses in Frankston have seen a 25.85% increase in median value, while Units have seen a 22.93% increase. As at 30 November 2024:

  • The median value for Houses in Frankston is $730,330 while the median value for Units is $515,139.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 105 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 937 properties were sold in the past 12 months in Frankston.

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Brooke Wegener
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