1 Nilma Court

AUCTION 4/07/2026 at 10:30am (Unless sold prior) Deposit: 5/10% Settlement: 30/60/90 days Calling all visionary developers, astute investors, and ambitious builders! Superbly situated on a sprawling 868m² (approx) corner allotment, this property represents a rare and lucrative blank canvas in one of Frankston's most convenient and highly sought-after pockets. Whether you are looking to clear the site to make way for a lucrative multi-townhouse subdivision (STCA), design and construct your ultimate dream family home, or take on a grand-scale renovation project, the foundational elements for success are right here. The site currently holds an original four-bedroom, two-bathroom dwelling, providing a substantial footprint for those looking to completely reimagine the existing structure, or the perfect excuse to start fresh and capitalise on the expansive corner block dimensions. The true hero of this property is its unbeatable lifestyle location. Positioned on the very edge of the Frankston CBD, you can leave the car at home. It is a mere 200-metre stroll to St Johns Primary School and just 350 metres to the Beach Street shopping strip, ensuring supermarkets, vibrant cafes, restaurants, and public transport are always right at your fingertips. Within a few minutes' drive, you can find yourself exploring the newly upgraded Karingal Hub, browsing Bayside Shopping Centre, hitting the local golf courses, or relaxing on the pristine sands of the award-winning Frankston foreshore. Property Highlights: Substantial Land Holding: 873m² (approx) corner block. Prime Development Site: Exceptional potential for a subdivision or multi-dwelling site (STCA). Blank Canvas Appeal: Existing 4-bedroom, 1-bathroom footprint ready to be cleared or completely transformed. Ultra-Convenient Location: Footsteps to St Johns Primary (200m) and Beach Street shops/cafes (350m). Lifestyle Proximity: Minutes to Frankston CBD, Karingal Hub, Bayside, public transport, and the beach. Opportunities of this size, scope, and central positioning are incredibly rare. Bring your architect, bring your builder, and bring your imagination. Contact us today to explore the site and secure your next big project! 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.