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15 McMahons Road

Frankston VIC 3199

1233 m²
Land
Currently for sale - view listing

Overview

1,233sqm Double Block Positioned on a High Exposure Corner Site With Endless Potential

Positioned within the tightly held Frankston Central Activity Precinct, directly opposite Monash University Peninsula Campus and moments from Frankston Hospital, this rare double block (two titles) presents a standout opportunity for developers, investors, and owner-occupiers alike. Set on approximately 1,233sqm with exceptional street exposure, the possibilities here are extensive (STCA): Multi-level residential development potential for apartments up to 14m height (subject to Frankston Metropolitan Activity Centre Structure Plan - STCA) Medical or consulting suites ideal given proximity to hospital and allied services Commercial offices / retail activation in a high-traffic location (STCA) Student accommodation capitalise on immediate university access (STCA) Additional highlights include: Two titles flexible development scope Located within the sought-after Frankston High School zone High visibility corner position with strong passing traffic Walk to Frankston CBD, transport, shops, and lifestyle amenities This is a rare landholding in a rapidly evolving precinct, offering both immediate utility and long-term upside.

Features

1233 m² lot size
Land

Property history for 15 McMahons Road

2015
Sold
$450,000
Private Sale/Treaty on 23 Oct 2015 by Jichen Quan, of Ray White Burwood VIC
2015
Sold
$450,000
22 Oct 2015 by David Politakis, of Eview Group - Australia

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 217 reviews in Frankston over the last 12 months.

Local market activity for land plots in Frankston

In the last 12 months, 9 land plots similar to 15 McMahons Road, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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