Back 508/1 Plowman Place
Off Market

508/1 Plowman Place

Frankston VIC 3199

1
1
1
Apartment
Last sold for $595,000
Alice OrmrodAlice Ormrod, last sold this property on 15 July 2025 after 95 days on market.

Overview

Indulgent Five-Star Lifestyle Abode

Harmonising the utmost in luxury, lifestyle, and location, this beautifully appointed one-bedroom apartment, just moments from Frankston foreshore, celebrates effortless contemporary liveability enhanced with a host of indulgent five-star amenities including access to a resort-style rooftop leisure and entertaining domain with incredible water views. Positioned on the fifth floor of the architecturally esteemed, newly completed landmark Horizon building, the east-facing apartment is flooded in morning light with far-reaching views from the Dandenong Ranges to the Mornington Peninsula. The engineered oak-floored living zone extends to an undercover entertaining balcony, with double-glazed glass sliding door access and a barbeque gas point, which overlooks botanical parkland and Frankston Oval. The gourmet stone/Miele kitchen features a gas cooktop, oven and dishwasher, and there is a Euro laundry concealed behind cabinetry in the luxuriously appointed bathroom with walk-in dual head shower. The bedroom has plush carpeting, built-in robes and balcony access, and additional features include central reverse cycle heating/cooling, a basement car space, and a storage cage. Secure keyless fob entry introduces you to the resident's reception lobby where a Building Manager/Concierge is regularly on-site to assist residents accessing and making best use of the communal boutique hotel-like facilities, many which can be booked via an app, including a library, a meeting room, a mail-room for parcel delivery, a bicycle storage/workshop space, a car/mechanical workshop and car washing bay, a dog bath, and even an exclusive private wine cellar/tasting room. The top level amenities include a vast resort-style sun terrace with breathtaking water and sunset views, which has day beds, cabanas, and sunlounges, an outdoor gas fire pit area, two heated spas, an indoor gourmet kitchen/entertaining space and outdoor barbecue kitchen and entertaining area. There is also a fully equipped gym, yoga studio, and wellness centre. Located at the gateway to the Mornington Peninsula in the heart of Frankston's sports and lifestyle precinct, Horizon is positioned opposite the foreshore and football oval, and just a couple of minutes stroll to shops, restaurants and entertainment venues.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankston over the last 12 months, the estimated median property value of 508/1 Plowman Place is $197.5k.

Median value
$197.5k
Estimated value range
$80k - $610k
Median days on market
30
Estimated value trend
-30%
decrease 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 508/1 Plowman Place

2025
Sold
$595,000
Private Sale/Treaty on 15 Jul 2025 by Alice Ormrod, of Marshall White Mornington Peninsula

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 1 bedroom apartments in Frankston

In the last 12 months, 32 one-bedroom apartments similar to 508/1 Plowman Place, have been sold.

This represents a 15% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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