12 Olive GroveFrankston VIC 3199
Property Details for 12 Olive Gr, Frankston
12 Olive Gr, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 596m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Frankston in the last 12 months.
Last Listing description (February 2023)
The exclusivity of this 594sqm (approx) allotment adds to the immeasurable appeal of this beautifully laid out family home, set within an easy walk to the pristine waters of Long Island Beach and everything Frankston has to offer. You will no doubt enjoy the privilege of this wonderful address, with RGZ1 zoning (residential growth zone 1), offering the exciting potential to start again, develop into a multi unit site (STCA) or revive and rent out to really make the most of its seaside position.
Development plans for the two lots (10 & 12 Olive Gr) have been already been approved and are awaiting a future owner to act on them. The plans feature 8 units across the two properties.
This instantly inviting 3 bedroom, 2 bathroom brick home offers comfortable living featuring hardwood flooring throughout and a well thought out floorplan comprising a large updated kitchen with the island bench extending into a study nook, large living room with fire place and separate dining area, the master bedroom showcases both a walk in robe and ensuite, the further 2 bedrooms are serviced by a central bathroom, separate toilet and separate laundry with access to the rear yard.
Positioned in a coveted school catchment, this high-demand location is within walking distance to Frankston CBD, train station, Chisholm TAFE, PARC, shops and the beach.
Opportunities like this are limited. Now is the time to make your move!!
Property History for 12 Olive Gr, Frankston, VIC 3199
- 15 Sep 2023Sold for $910,000
- 04 Mar 2022Listed for Sale $1,200,000
- 12 Jun 2018Sold for $820,000
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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 21,628 properties.
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