Positioned within one of Frankston's most prominent coastal corridors, Overton presents a rare opportunity to secure a substantial multi-title landholding with holding income and genuine mixed-use development potential (STCA), just 300 metres from the sands of Frankston's award-winning beach.
The Offering
12 Overton Road, Frankston
• 649sqm (approx.)
14 Overton Road, Frankston
• 597sqm (approx.)
16 Overton Road, Frankston
• 593sqm (approx.)
Combined Offering
• Total landholding: 1,839sqm (approx.)
• Gross annual rental income: approx. $78,660 per annum
Situated within Precinct 5, Sub-Precinct 5D of the Frankston Metropolitan Activity Centre, the site offers genuine mixed-use development potential (STCA), with neighbouring approvals and emerging developments throughout the precinct highlighting increasing council appetite and growing confidence in larger-scale architectural outcomes.
Benefiting from a highly prominent northwest-facing position overlooking the Kananook Creek Trail, the land enjoys a rare sense of openness and outlook, creating the opportunity for future development to capitalise on uninterrupted natural light, bay vistas and a highly desirable coastal orientation, making it prime for a boutique luxury apartment development.
As Frankston continues to attract increasing interstate attention, investment and development activity, Overton represents a strategic acquisition within one of Victoria's fastest-evolving coastal growth precincts.
