10 Burns StreetFrankston VIC 3199
Property Details for 10 Burns St, Frankston
Last Listing description (June 2024)
Embrace the opportunity to build your dream home or embark on a visionary development project on this expansive 607m2 vacant land situated in the heart of Frankston. The property, strategically located in a mixed-use zone, offers a myriad of possibilities for the discerning buyer.
Key Features:
Size: Sprawling across 607m2, this vacant land provides a canvas for creating your ideal family home or a development project with significant potential.
Location: Perfectly positioned across the road from a university and hospital, this property is immersed in the dynamic heartbeat of Frankston. Enjoy the convenience of close walking distance to Frankston shops, movies, and the iconic Frankston beach. It's within Frankston High School catchment.
Mixed Use Zoning: The property's mixed-use zoning opens up a range of possibilities, making it an excellent investment for those looking to create a residential haven, commercial space, or a blend of both.
Proximity to Amenities: Benefit from the proximity to educational and healthcare institutions while indulging in the vibrant lifestyle offered by Frankston's shopping precinct, entertainment options, and the soothing shores of Frankston beach.
Seize the opportunity to shape the future with this versatile piece of real estate. Whether you envision a family sanctuary or a strategic development endeavor, this vacant land in Frankston invites you to turn dreams into reality.
Price and further details available upon inquiry.
Property History for 10 Burns St, Frankston, VIC 3199
- 03 Jun 2024Sold for $725,000
- 16 Aug 2023Listed for Sale Not Disclosed
- 30 Apr 2019Listed for Rent - Price not available
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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.
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