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About this property
Positioned within one of Frankston's most prominent coastal corridors, Overton presents a rare opportunity to secure a substantial multi-title landholding with holding income and genuine mixed-use development potential (STCA), just 300 metres from the sands of Frankston's award-winning beach. The Offering 12 Overton Road, Frankston 649sqm (approx.) 14 Overton Road, Frankston 597sqm (approx.) 16 Overton Road, Frankston 593sqm (approx.) Combined Offering Total landholding: 1,839sqm (approx.) Gross annual rental income: approx. $78,660 per annum Situated within Precinct 5, Sub-Precinct 5D of the Frankston Metropolitan Activity Centre, the site offers genuine mixed-use development potential (STCA), with neighbouring approvals and emerging developments throughout the precinct highlighting increasing council appetite and growing confidence in larger-scale architectural outcomes. Benefiting from a highly prominent northwest-facing position overlooking the Kananook Creek Trail, the land enjoys a rare sense of openness and outlook, creating the opportunity for future development to capitalise on uninterrupted natural light, bay vistas and a highly desirable coastal orientation, making it prime for a boutique luxury apartment development. As Frankston continues to attract increasing interstate attention, investment and development activity, Overton represents a strategic acquisition within one of Victoria's fastest-evolving coastal growth precincts.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 9
- Bathrooms
- 3
- Parking
- 4
- Land Area
- 1839 m²
- Listed
- 1 month ago
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Neighbourhood
Living in 14, 16 Overton Road, Frankston
This 9-bedroom house in 14, 16 Overton Road, Frankston, VIC 3199 sits within reach of public transport, local shops local amenities. It is listed 278% above the $750,000 median of 68 comparable houseswithin 5 km.
What's nearby
- Nepean Highway/Overton Road (bus) — 95 m away
- Jeff Wignall Ford — 157 m away
- Unnamed — 302 m away
- Wisewould Avenue Reserve — 325 m away
- Kananook Creek Bushland Reserve — 486 m away
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