5 Heatherhill Rd, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1966. The property has a land size of 575m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.
This versatile property, situated in a thriving, amenity-rich beachside locale, presents an abundance of potential for the astute buyer, investor, or developer.
Whilst original, the 3-bedroom, 1-bathroom solid brick home is well-presented throughout, ensuring it can be occupied immediately, whether by the new owner or by tenants in what continues to be a tight rental market.
The home sits on a prized allotment of 574m2 (approx.), allowing a number of exciting opportunities to be explored (STCA). These include a cosmetic makeover, an extension of the current home, or the removal of the existing abode to make way for a brand-new family dwelling, something that is becoming increasingly familiar in the surrounding areas.
If it's true that the location sells a home, this one will be snapped up in no time.
Those who value education will be thrilled with the zoning to the highly sought Frankston High School, and the proximity to Monash University, the recently upgraded Chisolm Frankston, and Toorak Girls College. You're also near the Frankston town centre, where you'll find a substantial public transport hub, with trains and a variety of local buses, shopping precincts including the Bayside Centre, plus a number of restaurants, cafes, and entertainment options.
If you enjoy sports and leisure, you will appreciate being close to Jubilee Park with its new indoor netball stadium, Parc Aquatic Centre, Kinetic Stadium, and, of course, the sandy shores of Frankston Beach with its popular pier.
This is an opportunity too good to ignore, so plan your inspection without delay.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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 21,724 properties. Over the last 5 years, Houses in Frankston have seen a 22.12% increase in median value, while Units have seen a 21.39% increase. As at 31 January 2025:
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