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140 Skye Road, Frankston$700,000
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140 Skye Road

Frankston, VIC 3199, Australia
$700,000
3 bed 1 bath981 m²

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About this property

THIS SITE IS AVAILABLE FOR INSPECTION ANYTIME, PLEASE CALL 0400 022 192 TO ARRANGE Whether you're land banking, developing, or simply planting your flag on a significant parcel in one of Frankston's most sought-after settings, this momentous 981 sq. metre (approx.) allotment and its approved plans for five contemporary townhomes rewards your finer instincts. Positioned directly opposite Peninsula Kingswood Country and The National golf club on the beach end of Skye Road, serious buyers will immediately recognise what the numbers confirm - flat land, a premium outlook, and fundamentals that are impossible to argue with. Flat, fully-fenced, and genuinely huge by proportion, the block arrives with approved plans for five townhouses already in hand, removing the time, cost, and uncertainty of the planning process entirely. The rectangular geometry works in your favour, too, perfectly accessible and ready to build without any unnecessary complications, or equally suited to a long-hold land banking play for those with a further horizon. The location does the heavy lifting on lifestyle, with The National and Peninsula Kingswood fairways sitting directly across the road, Karingal Hub's freshly renovated retail and dining precinct a short drive away, and Mornington Peninsula Freeway/EastLink connectivity at either end of Skye Road, putting the broader peninsula and Melbourne within easy reach. John Paul College, Karingal Primary, and Monterey Secondary are walkable, and the beach end of Skye Road means the coast is closer than most would ever expect. This is a genuine rarity, ready for whatever vision you bring to it. Act fast. Should you require any further information, please do not hesitate to contact George Devic on 0400 022 192 anytime. Please note Photo ID is required for all inspections. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Land Area
981 m²
Listed
2 months ago

Repayment calculator

$3,394/month
$1,697 /fortnight
Loan $560,000 at 6.10% over 30 years

Upfront costs

Deposit$140,000
Stamp duty$37,070
Conveyancing (est.)$2,000
Total upfront$179,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 3-bedroom house in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 7% below the $749,000 median of 64 comparable houseswithin 5 km.

Schools near Frankston

  • Frankston Special Developmental Schoolcombined · U · CoEd
  • Ballam Park Primary Schoolprimary · Prep-6 · CoEd
  • Frankston East Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Primary Schoolprimary · Prep-6 · CoEd
  • Karingal Heights Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hope Court/Dandenong Road East (bus)1.4 km away
  • Sealys Cycles and Fitness1.5 km away
  • Wingham Park532 m away
  • Unnamed677 m away
  • Unnamed731 m away

Frankston at a glance

Full suburb profile
Population
37,331
Median age
39
Household income
$1,387/wk
Median rent
$342/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · House 3 bed

Compound growth +2.6% / yr over 4 yrs

$830kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Frankston market

Within 5km

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