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3 Douglas Grove

Frankston VIC 3199

1747 m²
Land
Currently for sale - view listing

Overview

Unlock a Prime Development Opportunity in the Heart of Frankston

A rare opportunity to secure a substantial landholding in one of Frankston's most sought-after growth corridors, 3 Douglas Grove, Frankston presents exceptional development potential in a premium coastal location. Set on approximately 1,747m² and recently rezoned to Residential Growth Zone 1 (RGZ1), the property offers outstanding scope for a multi-townhouse or apartment development (STCA), with the potential for multi-level construction in a rapidly evolving precinct. Perfectly positioned just moments from the crystal-clear waters of Port Phillip Bay, the site is located less than 1km from Frankston Station, the Frankston CBD, major shopping precincts, entertainment venues, and an impressive selection of cafes and restaurants. Whether you are looking to develop now or landbank for the future, this is a rare chance to capitalise on strong growth and increasing demand within one of Melbourne's premier bayside suburbs. Property Highlights: Approx. 1,747m² allotment Residential Growth Zone 1 (RGZ1) zoning Outstanding development potential (STCA) Potential for multi-level residential development Prime location close to beach, CBD, transport, shopping and dining precincts An exceptional development opportunity in a tightly held and highly connected location. Contact our team today for further information or to arrange a confidential discussion.

Features

1747 m² lot size
Land

Happy sellers in Frankston

90%
90% 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 206 reviews in Frankston over the last 12 months.

Local market activity for land plots in Frankston

In the last 12 months, 10 land plots similar to 3 Douglas Grove, have been sold.

This represents a 42% decrease in land plots sales when compared to the previous 12 months.

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