FOR SALE
$1,290,000 - $1,410,000

2 Plummer Avenue
Frankston South VIC 3199

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 464m2
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Premium Residential Development Site on Iconic Oliver's Hill, Frankston South

Discover an exceptional opportunity to develop in one of Frankston's most sought -after locations. This premium site on Oliver's Hill offers breathtaking views and a prestigious address, perfect for high-end residential projects. Situated in one of Port Phillip Bay's most coveted locations, this unique north facing property boasts a 220-degree panoramic view stretching from Mount Dandenong to Melbourne's city skyline and beyond.
This property presents a remarkable development site opportunity to create your dream home, taking full advantage of the stunning bay views that are guaranteed never to be built out. Imagine designing a contemporary masterpiece that captures the essence of coastal living, where you can wake up to breathtaking sunrises over the water and unwind with serene sunsets. With ample space to work with and the freedom to craft your ideal lifestyle, this location not only offers a beautiful setting but also the promise of a future filled with potential and tranquility by the bay.
Key Highlights:
• Stunning Views: Enjoy panoramic vistas of the bay and surrounding landscape.
• Zoned for residential Development: Ideal for luxury homes or apartments
• Prime Location: Close to Frankston hospital, Frankston beach, shopping, cafes and top-rated independent schools.
• Easy Access: Convenient transport links to Melbourne CBD and beyond
• School Zoned: Within the sought-after Frankston High School zone.
Seize this rare opportunity to create a standout residential community in a breathtaking setting.
This is an exceptional opportunity to own and create a character-filled Olivers Hill residence with captivating views of Port Phillip Bay!
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Property Details for 2 Plummer Ave, Frankston South

2 Plummer Ave, Frankston South is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 464m2. The place is currently for sale with Radius Real Estate.

Building Type
House
Floor Size
464m2

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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2011 was 17,612 people. By 2016 the population was 18,183 showing a population growth of 3.2% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation. In 2011, 77.9% of the homes in Frankston South were owner-occupied compared with 76.2% in 2016.

Frankston South has 8,087 properties. Over the last 5 years, Houses in Frankston South have seen a 33.54% increase in median value, while Units have seen a 38.17% increase. As at 31 August 2024:

  • The median value for Houses in Frankston South is $1,138,040 while the median value for Units is $756,165.
  • Houses have a median rent of $635 while Units have a median rent of $540.
There are currently 46 properties listed for sale, and 17 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 327 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Tanya Menz
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Radius Real Estate
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Disclaimer
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.