Back 7 Mcmahons Rd
Off Market

7 Mcmahons Rd

Frankston VIC 3199

3
1
2
612 m²
House
Last sold for $700,000
Tony LarkinTony Larkin, last sold this property on 21 May 2025 after 230 days on market.

Overview

Prime Investment Opportunity in the FHZ & Zoned (MUZ)

Terms: 5/10% deposit Settlement: 30/60/90 days Land size: 612m2 (approx) School Zone: Frankston High School Zoning: Mixed Use (MUZ) Rental Appraisal: $500-$550 Per Week Approx. Situated in the Frankston High School Zone and Frankston's Golden Triangle, this property is located directly across from Monash University & centrally located to Botanical Gardens, Frankston hospital, CBD and the beach. This property offers incredible potential for investors, developers (STCA) being zoned for mix use, and savvy homebuyers seeking the perfect renovation opportunity. The home features new carpet throughout, a generous lounge equipped with a split system, kitchen complete with a new stove and plenty of storage, and three spacious bedrooms, with the main boasting built-in robes. The home has also been freshly painted throughout, bathroom includes a separate shower and bath, while the tiled outdoor porch provides an inviting space for entertaining. This home provides a fantastic investment opportunity located right in the heart of the rapidly developing medical centre of Frankston with redevelopment possibilities due to the mixed-use zoning (STCA). Simply an opportunity not to be missed! Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Features

3 bedrooms
1 bathroom
2 carspaces
612 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 7 Mcmahons Rd is $829.88k.

Median value
$829.88k
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 7 Mcmahons Rd

2025
Sold
$700,000
Auction Sale on 21 May 2025 by Tony Larkin, of Barry Plant Frankston
2019
Rented
Undisclosed
Leased on 01 Aug 2019 by OBrien Real Estate Frankston
2018
Rented
Undisclosed
Leased on 05 Dec 2018 by OBrien Real Estate Frankston

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 7 Mcmahons Rd, have been sold.

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