3 Douglas Grove

A rare opportunity to secure a substantial landholding in one of Frankston's most sought-after growth corridors, 3 Douglas Grove, Frankston presents exceptional development potential in a premium coastal location. Set on approximately 1,747m² and recently rezoned to Residential Growth Zone 1 (RGZ1), the property offers outstanding scope for a multi-townhouse or apartment development (STCA), with the potential for multi-level construction in a rapidly evolving precinct. Perfectly positioned just moments from the crystal-clear waters of Port Phillip Bay, the site is located less than 1km from Frankston Station, the Frankston CBD, major shopping precincts, entertainment venues, and an impressive selection of cafes and restaurants. Whether you are looking to develop now or landbank for the future, this is a rare chance to capitalise on strong growth and increasing demand within one of Melbourne's premier bayside suburbs. Property Highlights: Approx. 1,747m² allotment Residential Growth Zone 1 (RGZ1) zoning Outstanding development potential (STCA) Potential for multi-level residential development Prime location close to beach, CBD, transport, shopping and dining precincts An exceptional development opportunity in a tightly held and highly connected location. Contact our team today for further information or to arrange a confidential discussion.