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.
