This is a great opportunity to purchase a neat parcel of land (179sqm approx.) at the rear of a block, and in an elevated position. Endorsed plans and permits for rear unit. Set within the vibrant Frankston North community, it's ideal for developers or investors who want to construct then sell or use as a rental property, or for 1st time buyers who are keen to build their new home.
Just moments to Monterey Secondary College and Pines Forest Aquatic Centre, this convenient location is also close to an array of local shops, cafés, takeaways, multiple sports grounds, Mahogany Rise Primary School, the walking trails within the Pines Flora and Fauna Reserve, as well as public transport. It's also only a few minutes' drive to Peninsula Link access, Frankston CBD and beautiful beaches.
• 179sqm (approx.) block
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37% of total area. The population of Frankston North in 2011 was 5,626 people. By 2016 the population was 5,779 showing a population growth of 2.7% in the area during that time. The predominant age group in Frankston North is 20-29 years. Households in Frankston North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frankston North work in a labourer occupation. In 2011, 52.8% of the homes in Frankston North were owner-occupied compared with 51.1% in 2016.
Frankston North has 2,769 properties. Over the last 5 years, Houses in Frankston North have seen a 32.28% increase in median value, while Units have seen a 16.77% increase. As at 31 October 2024:
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