RateMyAgentGo to search
Back 302-308 Nepean Highway
Active

302-308 Nepean Highway

Frankston VIC 3199

2137 m²
Land
Currently for sale - view listing

Overview

Landmark Development Opportunity in the Heart of the Frankston Activity Centre

Seize this rare opportunity to acquire a prominent development site on Nepean Highway, Frankston, positioned within one of Melbourne's fastest-evolving metropolitan activity centres. Occupying a substantial 2,137sqm* landholding, this strategically located property presents an exceptional opportunity for developers and investors to capitalise on the continued transformation of Frankston's city centre. A planning application is currently before council for the development of eight luxury architect-designed townhouses, providing a valuable foundation for a premium residential project in a location experiencing significant public and private investment. Key Highlights: • Significant 2,137sqm* development site. • Prime Nepean Highway frontage with outstanding exposure. • Located within the Frankston Activity Centre Zone. • Planning application currently lodged for 8 luxury designer townhouses. • Strategic position within Frankston's designated growth and urban renewal precinct. • Walking distance to Frankston CBD, transport, retail and lifestyle amenities. • Strong underlying demand for quality residential accommodation. • Exceptional future development potential (STCA). Positioned in the heart of the Frankston Activity Centre-an area undergoing substantial transformation and investment-the property enjoys close proximity to Frankston Central, Frankston Beach, public transport, education facilities, healthcare services and a wide range of retail and dining amenities. The Frankston Activity Centre Plan and recent planning scheme amendments provide a clear framework for future development, supporting higher-density residential projects that contribute to the area's liveability, housing supply and economic growth. With council and state government focus directed towards increased housing delivery, built form outcomes and urban revitalisation, the site is exceptionally well placed to benefit from Frankston's continued evolution as a major metropolitan centre. Please call today to arrange an inspection. Satyaveer S Jodha (VEER): 0423 620 183 Pushpinder P Bajwa (VINNY): 0433 836 421 Disclaimer: Every precaution has been taken to establish the accuracy of the above information; however, it does not constitute any representation by the vendor, agent or agency. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any relevant matters. Our photos, floor plans and site plans are for representational purposes only and should be used as such, we accept no liability for the accuracy or details in our photos, floor plans or site plans. Please note the status of and or the information on the property may change at any time. Please see the link below for due diligence check-list. https://www.consumer.vic.gov.au/duediligencechecklist

Features

2137 m² lot size
Land

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 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 302-308 Nepean Highway, have been sold.

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

RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap