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71 Dandenong Rd E

Frankston VIC 3199

Land
Currently for sale - view listing

Overview

DEVELOPMENT OPPORTUNITY 71A & 71B DANDENONG ROAD EAST

Here's an exciting development opportunity in an outstanding location. We have two separate titles, 71A and 71B Dandenong Road East, each approximately 425 square metres, being offered for sale together as one package. And the big advantage? A significant amount of the groundwork has already been done. Both sites have plans for a seven-room boarding house, with a single-storey seven-room design already prepared. The underground electrical pit is installed, NBN is connected, upgraded water meters are complete, dual crossovers are ready to go, and there are two stormwater legal points of discharge to the kerb already installed. So a lot of the expensive infrastructure work is already taken care of. And the location is fantastic - you're close to schools, shops, public transport and, of course, the beach. But there's also another exciting possibility. Because these are currently two separate titles, you could potentially amalgamate them back into one larger parcel and explore a different development option, subject of course to council approval. The neighbouring property has been approved with 7 townhouses, so there may be an opportunity to investigate a similar concept here. Whether you're looking at the existing boarding-house plans or considering an alternative development, this is a site that deserves serious attention. Two titles. Approximately 850 square metres combined. Infrastructure already substantially completed. Plans in place. Outstanding location. Opportunities like this don't come along often. 71A and 71B Dandenong Road East - enquire today for the plans and further information.

Features

Land

Property history for 71 Dandenong Rd E

2023
Sold
$775,000
30 Dec 2023 by Andrew Milne, of OBrien Real Estate Frankston
2020
Rented
Undisclosed
Leased on 20 Oct 2020 by OBrien Real Estate Frankston
2017
Rented
Undisclosed
Leased on 22 Nov 2017 by OBrien Real Estate Frankston

Happy sellers in Frankston

86%
86% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

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Local market activity for land plots in Frankston

In the last 12 months, 8 land plots similar to 71 Dandenong Rd E, have been sold.

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