Formerly occupied as a kindergarten, this substantial 1,380sqm* General Residential Zoned (GRZ) site presents an outstanding opportunity to secure one of Frankston's most compelling redevelopment opportunities.
With an impressive 32m* frontage, the property offers excellent flexibility for developers seeking a residential townhouse project, aged care, childcare, medical or other complementary uses (STCA). The existing improvements provide holding income potential or scope for interim occupation while future plans are progressed.
Situated in an established residential precinct with excellent access to schools, parks, shopping and transport, opportunities of this scale and configuration are becoming increasingly difficult to secure.
For Sale by Expressions of Interest closing Wednesday 9th September at 12:00pm.
Key features include:
1,380sqm* General Residental Zoned (GRZ) site
32m* street frontage
Existing former kindergarten improvements
Outstanding residential redevelopment potential (STCA)
Suitable for a range of alternative uses (STCA)
Established Frankston location close to major amenities
Rare opportunity to secure a significant infill development site
Inspections are strictly by scheduled Open for Inspection only, to be held from 11:00am 11:20am on the following dates:
Wednesday 12th August
Saturday 15th August
Wednesday 19th August
Saturday 22nd August
Wednesday 26th August
Saturday 29th August - 3:10pm 3:30pm
Wednesday 2nd September
Saturday 5th September
Wednesday 9th September
For further information or to arrange an inspection, please contact the listing agent.
PLEASE NOTE:
*All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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Conjunctional Agent:
Karl Aslett
Sales & Leasing Executive
+61 480 794 806
karla@nicholscrowder.au
