Prime Frankston Land with Approved Plans in a Blue-Chip Location
Positioned in one of Frankston’s most tightly held pockets, 4 Balcombe Street presents a rare opportunity to secure premium residential land with an approved planning permit already in place for a luxurious double-storey residence.
Whether you are looking to build your dream owner-occupied home or secure a premium land holding in a high-demand coastal location, this property offers outstanding lifestyle and future growth potential.
Key Highlights
Approved planning permit for a stunning 4-bedroom, 5-bathroom, 2-garage double-storey residence
Ideal for owner-occupiers seeking a premium custom home opportunity
Limited availability of similar vacant land in this established and highly sought-after pocket
Approx. 3-minute drive to:
Peninsula University Hospital
Monash University Peninsula Campus
Frankston High School
Approx. 6-minute drive to Frankston Pier and the beautiful Frankston foreshore
Close proximity to parks, cafes, beaches, transport, shopping and medical facilities
Easy access to Melbourne CBD via Peninsula Link and Frankston Train Station
Nearby Schools
Frankston High School
Frankston Primary School
Frankston Heights Primary School
John Paul College
St Francis Xavier Catholic Primary School
Nearby Shopping & Lifestyle
Bayside Centre
Frankston Power Centre
Karingal Hub
Frankston Beach & Foreshore
George Pentland Botanical Gardens
Frankston continues to experience strong buyer demand due to its bayside lifestyle, major infrastructure investment, hospital expansion, university presence, and improving café and retail scene. The area is increasingly attracting families, professionals and owner-occupiers seeking coastal living with city connectivity.
A premium opportunity like this is becoming increasingly hard to find.
Enquire today to secure this exceptional parcel of land in one of Frankston’s most convenient and fast-growing locations
Features
crop_free352 m² lot size
cottageOther
Property history for 4 Balcombe Street
2025
Sold
$510,000
09 Apr 2025 by John Walsh, of Aquire Real Estate Frankston
2025
Sold
$510,000
09 Apr 2025 by John Walsh, of Aquire Real Estate Frankston
2025
Sold
$510,000
Private Sale/Treaty on 27 Mar 2025 by John Walsh, of Aquire Real Estate Frankston
Happy sellers in Frankston
91%
sentiment_very_satisfied
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 216 reviews in Frankston over the last 12 months.
Local market activity for other properties in Frankston
Sold
For Sale
For Rent
View the listing for inspection times, agent contact details, and more.