1 James Street

Positioned within the Frankston Metropolitan Activity Centre (FMAC) and zoned Housing Choice & Transport Zone 1 (HCTZ1), this 778m² (approx.) vacant block offers a rare opportunity for developers and land-banking investors in one of Melbourne's fastest-growing coastal centres. The HCTZ1 zoning encourages higher-density housing near major transport, making the site ideal for multi-level residential development (STCA) such as boutique apartments, townhouses, build-to-rent or specialist accommodation. Key Features: 778m² (approx.) vacant allotment Located within the Frankston Metropolitan Activity Centre Housing Choice & Transport Zone 1 (HCTZ1) Potential for multi-storey residential development (STCA) Strong demand for well-located medium-density housing Ideal for developers, land-bankers or SDA/NDIS providers Connectivity & Convenience: Frankston Railway Station direct train to Melbourne CBD Major bus interchange Bayside Shopping Centre shops, restaurants, cinema and supermarkets Chisholm Institute Frankston Hospital within the Peninsula Health precinct Education Monash University Chisholm Institute Frankston High School Frankston Primary School Lifestyle Appeal: Minutes to Frankston Beach Close to Frankston Foreshore Near Peninsula Aquatic Recreation Centre Added Value: Plans have already been prepared for nine residential rooms with disability access, providing a valuable head start for developers. Suitable for: Specialist Disability Accommodation (SDA) NDIS housing providers Supported living accommodation A Smart Investment Frankston is undergoing major investment and growth, strengthening its position as Melbourne's key coastal activity centre. This 778m² HCTZ1 site offers: Development potential (STCA) Strong land-banking opportunity Prime location within a major growth precinct Secure your place in the future of Frankston and unlock the potential of this outstanding development site. *All information about the property has been provided to Merri-bek Real Estate by third parties. While Merri-bek Real Estate strives for accuracy, we have not independently verified the information and do not warrant its accuracy or completeness. Interested parties are encouraged to conduct their own investigations and rely on their own inquiries in relation to this property.