Back 4 Lutana Ct
Off Market

4 Lutana Ct

Frankston VIC 3199

3
2
4
768 m²
House
Aarryn CooperAarryn Cooper, last sold this property on 17 August 2025 after 48 days on market.

Overview

Prime Development Opportunity

A rare opportunity to secure a fully permitted development site with 3 individual street frontage units. Large and spacious, each unit has been well designed to maximize space and ensure fantastic appeal to every potential buyer. Build permit ready with all documents endorsed by council. The hard work, time and effort has already been done, with no guesswork to be done. All you need to do is build and reap the rewards. Existing house currently rented with secure tenant. Offering developers and builders an excellent opportunity to acquire a ready to go site, in a highly sought after and booming location for young professionals and families, the area has excellent amenity and is underpinned by a strong residential market with high demand for townhouses. Key features include: * Town Planning Permit approved for three (3) Townhouses all street frontage * All 4 Bedroom 3 bathroom dwellings * Dual street frontage to Lutana and Watle Tree Lane * Prime Frankston location with outstanding retail amenity. 700m (approx.) to Karingal Shopping Hub, 1.6KM to Frankston Homemaker Centre * 1.2KM to Peninsula Private Hosptial, St John of God Rehabilitation Hospital 250M (approx.) * Nearby parks and reserves including Bunarong Park 125m (approx.), Jubilee Park 750m (approx.) and Ballam Park Reserve 300m (approx.) * Excellent public transport amenity with Leawarra Station 1.45KM (approx.) away, 789, 790, 791 Bus stop 250M (approx.) * Residents have access to great primary schools in Ballam Park Primary & Pre-School 850M (approx.), Naranga School 950M (approx.) Frankston Heights Primary School 1KM (approx.), Kingsley Park Primary School 1.45KM (approx.) & Monash University 1.7KM (Approx.) * Frankston residential market is sought after. Designated as a major activity zone by Victorian Government (2024)

Features

3 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
768 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 4 Lutana Ct is $829.9k.

Median value
$829.9k
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 4 Lutana Ct

2025
Rented
Undisclosed
Leased on 22 Oct 2025 by Ray White - Carrum Downs
2025
Rented
Undisclosed
Leased on 21 Oct 2025 by Ray White - Carrum Downs
2025
Sold
Undisclosed
17 Aug 2025 by Aarryn Cooper, of Ray White - Carrum Downs

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 218 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 379 three-bedroom houses similar to 4 Lutana Ct, have been sold.

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

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