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545 NEPEAN HIGHWAY

Frankston VIC 3199

2011 m²
Land
Currently for sale - view listing

Overview

A Landmark Coastal Holding of Rare Scale and Possibility

Positioned directly opposite the shoreline within the Frankston High School Zone, this substantial 2,011sqm (approx.) holding represents one of the last opportunities to secure land of this scale along this tightly held beachfront strip. A rare additional advantage is the ability to secure the adjoining 543 Nepean Highway, offering a further 1,701sqm (approx.), creating a combined coastal landholding of significant scale and flexibility. Elevated to capture sweeping views across Port Phillip Bay, the site lends itself to a range of high-end outcomes, from a luxury private residence to a boutique residential development (STCA). Well-advanced architectural plans for a premium residence have already been prepared, supported by key reports and ready to be progressed or adapted, offering a genuine head start for incoming purchasers. For those considering a development pathway, early planning discussions have been encouraging, with the scale and proportions of the land supporting a boutique residential development, or a larger-scale coastal project when combined with the adjoining site (STCA). With Frankston Beach just steps away, and easy access to cafés, the CBD, Peninsula Link, Toorak College and Peninsula Grammar, the lifestyle and long-term appeal are undeniable. A rare coastal landholding defined by scale, position and future potential.

Features

2011 m² lot size
Land

Property history for 545 NEPEAN HIGHWAY

2015
Sold
Undisclosed
05 Oct 2015

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 land plots in Frankston

In the last 12 months, 9 land plots similar to 545 NEPEAN HIGHWAY, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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