SoldMay 30, 2025

58 Cranbourne Road, Frankston, VIC, 3199

$838,000

4
2
2
660 m²

House

15 days on the market

Sold: May 30, 2025

What's around 58 Cranbourne Road

Strategic Development Site ACZ1 Zoning, 660m² with 316 Storey Capacity (STCA)

Sale by Set Date ® Tuesday, June 17th at 5pm (unless sold prior) Exceptional ACZ Investment with High-Rise Potential Heart of Frankston Positioned on the ever-busy Cranbourne Road and zoned Activity Centre Zone (ACZ), this prime property presents a rare opportunity for investors, developers, or land-bankers seeking a high-growth location with incredible future upside. With a proposed height control of 316 storeys (STCA), this site offers exceptional development potential right in the heart of Frankston's revitalised metropolitan activity centre. Currently leased at $660 per week until January 2026, the existing home is a solid four-bedroom, two-bathroom residence featuring a spacious open-plan living and dining area, a well-appointed kitchen, and a double garage. It provides excellent holding income while you plan your next move. Located within the coveted Frankston High School Zone, and just a short walk to Frankston CBD, the beach, train station, Monash University, Chisholm TAFE, and more this is a location that truly ticks every box for lifestyle, convenience, and long-term value. Opportunities like this are increasingly rare secure your position in Frankston's growth corridor today. Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

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