18 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 524m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Position perfect in an ideal Frankston High-zoned location, this groovy three bedroom home in near-original condition is an incredible investment or development opportunity (STCA) with Commercial 1 zoning. Renovate, detonate or completely re-purpose - the options are endless with this exciting property.
A surprisingly large floorplan features fantastic family space, showcasing a formal lounge and separate dining room, large kitchen and meals area, full-sized laundry, and three vast bedrooms serviced by a retro family bathroom and a separate toilet. Outdoors, a Hills Hoist, in-built BBQ, garden shed, and double garage headline the courtyard space, while the front yard maintains its privacy thanks to mature gardens.
Character-filled with potential plus, this home is finished with ducted heating and located within the Frankston High School zone, close to across the road from PARC and Chisholm TAFE, within easy walking distance to Frankston CBD, Power Centre and beaches.
Please note: Offers close on Wednesday 5th of May at 5pm. To register an offer, please contact the Agent directly.
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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:
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