Back 9 Government Road
Off Market

9 Government Road

Frankston VIC 3199

3
1
2
449 m²
House
Matt ComerMatt Comer, last sold this property on 15 August 2025 after 65 days on market.

Overview

Rare Development Corner (MUZ) | Build in FHSZ

Set on a high-exposure corner in one of Frankston's most tightly held precincts, this rare Mixed Use Zone (MUZ) holding presents a compelling opportunity to create a design-led, dual-income asset that blends residential living above with commercial presence below. Occupying 449sqm (approx.) with no easements and wide frontages to both Government Road and Burns Street, the site offers a versatile foundation for architectural imagination-its generous proportions and flexible zoning primed for a future-forward design (STCA). Anchored within the Frankston High School Zone and walking distance to Monash University Peninsula Campus and Frankston Hospital with its $1.1B transformation, this site is ideally positioned to benefit from long-term investment and sustained local demand. A weatherboard dwelling currently occupies the site, offering a workable footprint and established service connections to support future plans. While the value here lies in the land and location, the existing structure provides a practical starting point for those with a vision to reshape or rebuild (STCA). MUZ land is increasingly rare in Frankston, and even rarer with corner prominence and dual street exposure, making this a standout opportunity for developers, owner-occupiers or medical-aligned professionals. Whether you're imagining a boutique wellness or therapy studio with apartments above, purpose-built consulting rooms beneath stylish residences, or a mixed-use configuration catering to allied health, boutique retail or floristry, the opportunities abound. Shop-top living secures dual income streams, and the proximity to major infrastructure only strengthens the investment case. Best of all, the peaceful green space directly opposite the property affords a sense of calm and privacy, and the kind of long-term quiet you can count on.

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
449 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 9 Government Road is $829.95k.

Median value
$829.95k
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 9 Government Road

2025
Sold
Undisclosed
15 Aug 2025 by Matt Comer, of Ash Marton Realty

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, 380 three-bedroom houses similar to 9 Government Road, have been sold.

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