Back 27 Lewis St
Off Market

27 Lewis St

Frankston VIC 3199

4
2
2
177 m²
717 m²
House
Last sold for $1,030,000
Luke MagreeLuke Magree, last sold this property on 01 April 2026 after 28 days on market.

Overview

Frankston's Best Central Development Opportunity (STCA) - RGZ1 Zoning with Triple Access. Offers Closing Monday 30th March @ 5pm (Unless sold prior)

Flaunting up to three street frontages and a square 717 sq. metre (approx.) allotment with incredible upside, this 4-bedroom, 2-bathroom home delivers an abundance of potential in one of Frankston's most central settings. A classic layout with a substantial footprint begs for reinvention beside a large rear yard with laneway access that's ideal for renovators to flex their creative muscle or investors to maximise their returns (STCA). A unique floorplan offers separately zoned living and dining spaces, a central kitchen well-sized for modern living, and four robed bedrooms privately zoned towards the quieter end of the home. Two family bathrooms offer the platform needed for easier reimagination, stepping outside to incredible potential across its already-separated rear yard, allowing for the opportunity to subdivide or redevelop with ease (STCA). An exciting opportunity to renovate or reimagine the original home, subdivide and sell to the rear, build your own additional residence, or start over with a multi-site build, this incredibly rare prospect sits just metres from the northern edge of Frankston's CBD, steps from public transport, boutique and department stores, chic cafes and all-new restaurants, Chisholm TAFE, PARC Recreation Centre, freeway access, and the beautiful Frankston foreshore. Rare strategic significance at Frankston's heart, ready for influential transformation and growth. Act quickly. This property is currently leased out, the lease details are as follows: Term: Month X Month Monthly Rent: $2520 per month Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Features

4 bedrooms
2 bathrooms
2 carspaces
1 open car space
1 garage space
177 m² floor area
717 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 27 Lewis St is $950k.

Median value
$950k
Estimated value range
$656k - $1.61m
Median days on market
22
Estimated value trend
13%
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 27 Lewis St

2026
Sold
$1,030,000
01 Apr 2026 by Luke Magree, of OBrien Real Estate Frankston
2019
Rented
Undisclosed
Leased on 23 Sep 2019
2017
Sold
$750,000
Private Sale/Treaty on 16 Mar 2017 by Peter Dodd

Happy sellers in Frankston

89%
89% 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 203 reviews in Frankston over the last 12 months.

Local market activity for 4 bedroom houses in Frankston

In the last 12 months, 149 four-bedroom houses similar to 27 Lewis St, have been sold.

This represents a 11% increase in four-bedroom houses sales when compared to the previous 12 months.

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