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Back 1 Nilma Ct
Off Market

1 Nilma Ct

Frankston VIC 3199

4
1
1
868 m²
House
Last sold for $707,000
Thomas LarkinThomas Larkin, last sold this property on 11 August 2026 after 61 days on market.

Overview

Prime Corner Allotment 868m² (approx)

Deposit: 5/10% Settlement: 30/60/90 days Calling all visionary developers, astute investors, and ambitious builders! Superbly situated on a sprawling 868m² (approx) corner allotment, this property represents a rare and lucrative blank canvas in one of Frankston's most convenient and highly sought-after pockets. Whether you are looking to clear the site to make way for a lucrative multi-townhouse subdivision (STCA), design and construct your ultimate dream family home, or take on a grand-scale renovation project, the foundational elements for success are right here. The site currently holds an original four-bedroom, two-bathroom dwelling, providing a substantial footprint for those looking to completely reimagine the existing structure, or the perfect excuse to start fresh and capitalise on the expansive corner block dimensions. The true hero of this property is its unbeatable lifestyle location. Positioned on the very edge of the Frankston CBD, you can leave the car at home. It is a mere 200-metre stroll to St Johns Primary School and just 350 metres to the Beach Street shopping strip, ensuring supermarkets, vibrant cafes, restaurants, and public transport are always right at your fingertips. Within a few minutes' drive, you can find yourself exploring the newly upgraded Karingal Hub, browsing Bayside Shopping Centre, hitting the local golf courses, or relaxing on the pristine sands of the award-winning Frankston foreshore. Property Highlights: Substantial Land Holding: 873m² (approx) corner block. Prime Development Site: Exceptional potential for a subdivision or multi-dwelling site (STCA). Blank Canvas Appeal: Existing 4-bedroom, 1-bathroom footprint ready to be cleared or completely transformed. Ultra-Convenient Location: Footsteps to St Johns Primary (200m) and Beach Street shops/cafes (350m). Lifestyle Proximity: Minutes to Frankston CBD, Karingal Hub, Bayside, public transport, and the beach. Opportunities of this size, scope, and central positioning are incredibly rare. Bring your architect, bring your builder, and bring your imagination. Contact us today to explore the site and secure your next big project! Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Features

4 bedrooms
1 bathroom
1 carspace
868 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 1 Nilma Ct is $929k.

Median value
$929k
Estimated value range
$656k - $1.61m
Median days on market
22
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Nilma Ct

2026
Sold
$707,000
Auction Sale on 11 Aug 2026 by Thomas Larkin, of Barry Plant Frankston
2022
Sold
$750,000
Private Sale/Treaty on 17 Feb 2022 by Ben Crowder, of Buxton Mornington Peninsula – Mount Eliza
2019
Rented
Undisclosed
Leased on 02 Dec 2019 by BigginScott Seaford

Happy sellers in Frankston

86%
86% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 165 reviews in Frankston over the last 12 months.

Local market activity for 4 bedroom houses in Frankston

In the last 12 months, 144 four-bedroom houses similar to 1 Nilma Ct, have been sold.

This represents a 16% increase in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Michael McClure

Sellers who recommend Michael McClure have praised them for being clear communication, local expert, honest, friendly, supportive, reliable and responsive

  •   4.9   (487 reviews)
  •  48 Reviews in Frankston
  •  46 Sales in Frankston
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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (274 reviews)
  •  32 Reviews in Frankston
  •  90 Sales in Frankston
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Adam Price

Adam Price is a recommended agent for Frankston.  They have 19 local sales and collected 10 local reviews across the last 12 months.

  •   5   (104 reviews)
  •  10 Reviews in Frankston
  •  19 Sales in Frankston
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Brooke Wegener

Brooke Wegener is a recommended agent for Frankston.  They have 18 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (180 reviews)
  •  10 Reviews in Frankston
  •  18 Sales in Frankston
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