FOR SALE
$465,000 - $511,500

33 Spring Lane/Lot 2/70 High Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 301m2
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Land with approved plans for 3-4BR home in FHSZ near beach, CBD, ideal for developers/investors

This 301sqm (approx.) block of cleared land offers a fantastic opportunity for developers/investors or owner-builders. In a great central Frankston location, it comes complete with approved plans for a 3-bedroom (plus a study) home that includes dual living zones across 2 levels, 2.5 bathrooms and laundry, plus an alfresco area and a double garage.
Tucked away on a quiet lane to give a peaceful, private setting, it's positioned within easy commuting distance to so many key local employers, including the expanding Frankston Hospital just moments away and its neighbouring surgical centre, plus Monash University Peninsula campus and Chisholm TAFE. It's also close to schools and is set within the coveted Frankston High School zone.
Relaxed weekends and evenings are sorted too, offering nearby strolls through the Botanic Gardens and meandering through the markets at Beauty Park. For all your fitness needs PARC is close by, or you could try your hand at bowling and croquet with both clubs just a stone's throw away. And of course, the beautiful foreshore is always there for family fun, swimming, sandcastles, and visiting the many events held through the year.
As well as shopping, restaurants and bars just a few minutes' walk away in Bayside Shopping Centre and throughout the CBD, you'll also find a range of shops and cafés along Foot Street.
• 301sqm (approx.) block
• Approved plans for 3BR + study, 2.5 bath home
• Cleared, slightly sloping land
• Minutes to central CBD, train station
• Close to hospital, schools, parks
• In Frankston High School zone
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Property Details for 33 Spring Lane/Lot 2/70 High Street, Frankston

Building Type
Land
Land Size
301m2

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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 21,617 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 139 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Frankston.

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Mark Burke
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OBrien Real Estate Frankston
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.