Offering immediate liveability, an outstanding Frankston South position and multiple pathways for future development, this substantial 1,319m² property presents an increasingly rare opportunity.
Positioned just off tightly held Humphries Road, the flat, north-facing allotment boasts an impressive frontage of approximately 30.5 metres and sits among some of Frankston South's most prestigious homes.
Set well back from the road behind established gardens, the solid-brick residence provides comfortable accommodation with three bedrooms, a study, two bathrooms, generous living spaces and extensive vehicle parking.
Move in and enjoy, secure a quality tenant or explore the property's longer-term possibilities.
The size, shape and positioning of the allotment may allow buyers to retain the existing home and develop additional residences behind, create a substantial new family residence or clear the site for a boutique multi-dwelling development, potentially accommodating up to four residences-all subject to council approval.
The established gardens, deep setback and exceptional privacy create a peaceful, almost semi-rural atmosphere, despite being conveniently positioned close to leading schools, shops, transport, the Frankston CBD and the coastline.
Zoned for both Derinya Primary School and Frankston High School, the property offers enduring appeal for families, investors, developers and those seeking a premium landholding in one of Frankston South's most tightly held pockets.
PROPERTY HIGHLIGHTS
Substantial flat allotment of approximately 1,319m²
Wide frontage of approximately 30.5 metres
Desirable north-facing orientation
General Residential Zone
Solid-brick residence with three bedrooms plus study
Two bathrooms and generous living spaces
Extensive vehicle accommodation
Potential to retain the existing home and further develop
Boutique multi-dwelling development possibilities STCA
Premium position just off Humphries Road
Zoned for Derinya Primary School and Frankston High School
Established gardens and exceptional privacy
Immediately liveable with significant long-term potential
A rare combination of land, location and flexibility, this is a property that can be enjoyed today while offering genuine scope to create something exceptional in the future.