Back 28 Leonard Street
Off Market

28 Leonard Street

Frankston VIC 3199

3
2
2
804 m²
House
Last sold for $927,000
Terry WheelerTerry Wheeler, last sold this property on 16 May 2025 after 29 days on market.

Overview

Updated home with subdivision potential

Positioned to entice passionate developers and visionary tradespeople alike, this expansive 804sqm (approx.) allotment with separate driveway subdivision potential in the heart of Frankston offers a unique chance to land bank while living completely comfortably. Featuring a charming three-bedroom, two bathroom home adorned with subtle modern enhancements, it paves the way for exciting future endeavors. More than merely a comfortable interim retreat as plans unfold, this enchanting three-bedroom, two-bathroom home radiates a welcoming warmth, boasting two distinct living zones that cater to the dynamic needs of family life. With an open dining space and adjoining kitchen bringing people together across a central island bench, good food is made easy with modern appliances and ample cabinetry. Gas ducted heating, split-system air conditioning, ceiling fans, elevated ceiling heights, and ample off-street parking enhance the residential offering further. The low-maintenance yard presents an opportunity for subdivision (STCA), brimming with potential and the promise of future possibilities. Dual driveways would provide practical access for both future lots, while defined boundaries, an established neighbourhood and impressive local infrastructure ensure a confident purchase for new owners. Should you require any further information, please do not hesitate to contact Terry Wheeler on 0417 397 806 anytime. Please note Photo ID is required for all inspections. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
804 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 28 Leonard Street is $830k.

Median value
$830k
Estimated value range
$380k - $1.84m
Median days on market
22
Estimated value trend
14%
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 28 Leonard Street

2025
Rented
Undisclosed
Leased on 23 Jul 2025 by Ray White Frankston
2025
Sold
$927,000
16 May 2025 by Terry Wheeler, of Ray White Frankston
2014
Sold
Undisclosed
Private Sale (EOI) on 24 Oct 2014 by Francis Walker, of Merchan Realty Group

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 3 bedroom houses in Frankston

In the last 12 months, 381 three-bedroom houses similar to 28 Leonard Street, have been sold.

This represents a 2% increase in three-bedroom houses sales when compared to the previous 12 months.

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