Back 1&2/50 Orwil Street
Off Market

1&2/50 Orwil Street

Frankston VIC 3199

5
2
2
702 m²
House
Nicholas CassidyNicholas Cassidy, last sold this property on 12 June 2026 after 21 days on market.

Overview

Corner Block with Endless Potential!

Two homes, one title, and a strong 702 sq. metre (approx) corner-positioned allotment as the foundation - this dual-residence super holding delivers immediate income potential, serious renovation upside, and significant and well-positioned land that keeps the development idea well and truly open. In a central Frankston setting that's already striving forward with momentum, the timing here is as compelling as the asset itself. A triple-fronted blonde-brick home fronts the site, stepping into separate lounge and dining rooms, a serviceable kitchen with a vintage St George cooker, a covered terrace at the rear, and three robed bedrooms around a central bathroom, a laundry, and a separate toilet. The second home fronts Bradshaw Street and has been largely gutted for a total transformation, presenting an open canvas across two bedrooms, a large lounge, and separately defined kitchen and bathroom footprints ready to receive their custom new looks. The options here are truly endless - renovate to the rear while you live in the front, then swap over and repeat, live in one while you rent the other, or maximise its full yield with a subdivision or multi-dwelling development (STCA). Buses stop at the doorstep, Kananook and Frankston stations are moments away, and freeway access, Frankston CBD, and the Long Island foreshore are all within easy reach, placing you amongst the infrastructure that underpins demand, regardless of how you choose to play it.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
702 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 1&2/50 Orwil Street is $925k.

Median value
$925k
Estimated value range
$730k - $1.21m
Median days on market
26
Estimated value trend
5%
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&2/50 Orwil Street

2026
Sold
Undisclosed
12 Jun 2026 by Nicholas Cassidy, of Ray White Langwarrin

Happy sellers in Frankston

91%
91% 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 196 reviews in Frankston over the last 12 months.

Local market activity for 5 bedroom houses in Frankston

In the last 12 months, 21 five-bedroom houses similar to 1&2/50 Orwil Street, have been sold.

This represents a 35% increase in five-bedroom houses sales when compared to the previous 12 months.

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