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Back 8 Queen Street
Off Market

8 Queen Street

Frankston VIC 3199

3
2
2
0 m²
627 m²
House
Last sold for $1,035,000
Heidi AndrewsHeidi Andrews, last sold this property on 10 October 2025 after 25 days on market.

Overview

Dual Income and Development Ready: A Frankston Gem

Auction Location: On Site Discover an exceptional opportunity in one of the hottest real estate markets in the country. This property is situated on a generous 627sqm (approx) corner block, which is zoned for the highly sought-after Frankston High School. The property also falls within the newly approved Frankston Metropolitan Activity Centre catchment area, which is already stimulating significant growth in this brilliant location, nestled between cosmopolitan Melbourne and the beautiful Mornington Peninsula. The property boasts a total of three bedrooms and two bathrooms. It is cleverly leased in two parts—the front portion as two-bedrooms and one bathroom and the back as one-bedroom with its own bathroom, designed to maximize rental return. The potential rental return at around $850 per week. Additionally, there is a convenient workshop area with a toilet located under the house, providing extra utility space. Moreover, the property comes with a current planning permit for three architect-designed townhouses featuring three-bedrooms, two-bathrooms and two-car spaces each. These are ready to go, offering plenty of time left to commence works. This arrangement allows you to benefit from the existing dual rental income while planning your development, or you can simply enjoy the ongoing returns and capital growth potential this property offers. This is an ideal investment for developers, investors, or owner-occupiers, given its prime location. It is centrally located near key amenities such as the Peninsula Aquatic Centre, Frankston's beautiful beach, Monash University, and the newly expanded Frankston Hospital. Located steps from Frankston Station, you will be in the CBD in no time. And with convenient access to Eastlink and Peninsula Link, you will be moving around the city and State with ease. Secure your stake in Frankston's booming market and unlock the incredible potential that awaits on Queen Street!

Features

3 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 open car space
0 m² floor area
627 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 8 Queen Street is $830k.

Median value
$830k
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 8 Queen Street

2026
Rented
Undisclosed
Leased on 11 Jan 2026 by Jellis Craig Bayside Glen Eira – Bentleigh
2025
Sold
$1,035,000
10 Oct 2025 by Heidi Andrews, of Aquire Real Estate Frankston
2024
Rented
Undisclosed
Leased on 19 Oct 2024 by Aquire 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 217 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 380 three-bedroom houses similar to 8 Queen Street, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (252 reviews)
  •  40 Reviews in Frankston
  •  102 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 35 local sales and collected 38 local reviews across the last 12 months.

  •   4.9   (465 reviews)
  •  38 Reviews in Frankston
  •  35 Sales in Frankston
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Adam Price

Sellers who recommend Adam Price have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and well-prepared

  •   5   (103 reviews)
  •  19 Reviews in Frankston
  •  22 Sales in Frankston
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Juan Merchan

Sellers who recommend Juan Merchan have praised them for being local expert, clear communication, supportive, reliable, honest, great negotiation and friendly

  •   4.9   (269 reviews)
  •  13 Reviews in Frankston
  •  17 Sales in Frankston
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