At fosterfroling Real Estate, we were pleased to secure the discreet off-market sale of 29 Meerlu Avenue, Frankston, achieving a strong result through our exclusive network of qualified investors and buyer advocates.
Positioned on approximately 579sqm, this original three-bedroom, one-bathroom brick veneer home offered outstanding potential for refurbishment and long-term value uplift. In lived-in but cosmetically tired condition, it presented the ideal opportunity for renovators, owner-occupiers looking to add value, or savvy investors and developers seeking a project with proven upside.
The property offered a functional floor plan including a large master bedroom and two additional bedrooms with built-in robes, along with a central bathroom, separate laundry, living area, and dining space adjoining the kitchen. A generous backyard and single carport, plus additional parking space, completed the fundamentals of this value-driven purchase.
Adding significant appeal, plans and permits existed for a single-level two-bedroom dwelling at the rear of the block, providing further development flexibility (STCA).
Key Features Included:
Three-bedroom, one-bathroom brick veneer home
Approx. 579sqm block with excellent scope for improvement
Large master bedroom plus two additional bedrooms with BIRs
Central bathroom with separate bath and shower
Kitchen with gas cooking and adjacent dining area
Separate laundry
Generous backyard with garden shed
Single carport plus additional off-street parking
Central heating
Renovation, investment and development upside (plans & permits included)
Conveniently located within walking distance to McClelland Secondary College and Ballam Park, and moments from Karingal Hub, Peninsula Private Hospital, PARC, Peninsula Link access, shops, public transport and Frankston Beach, the property represented a rare opportunity to secure substantial value in an increasingly competitive pocket.
Another strong result delivered by fosterfroling Real Estate through our exclusive off-market strategy - no advertising campaign, no open homes and no fuss - just genuine buyer connections and premium negotiation.
If you're considering selling and would like to explore how our tailored off-market approach can deliver an exceptional outcome for your property, contact fosterfroling Real Estate today.
