33 Mereweather Avenue

The Perfect Blend of Lifestyle and Potential Positioned on a prime 618sqm* corner allotment at the intersection of Mereweather Avenue and Douglas Grove, this property offers a rare "triple-treat" opportunity: occupy a beautiful home, secure a high-yield investment, or develop a landmark project. Turn-Key Excellence Move straight in or lease immediately to high-income professionals. This 1960s classic has been meticulously maintained and updated for modern living: · Stunning Interiors: Featuring gleaming polished hardwood floors that flow through a light-filled open-plan layout. · Modern Comfort: Fully equipped with split-system air conditioning and heating for year-round climate control. · Connectivity: Benefit from the ultimate digital infrastructure with NBN Fibre to the Premises (FTTP) already available. Unbeatable Strategic Location · The Medical Hub: Just moments from the newly opened $1.1 Billion Peninsula University Hospital (Jan 20, 2026), creating a massive demand for local professional housing. · Beachside Living: A flat 350m stroll to the pristine sands of Frankston Beach and the Kananook Creek trails. · Education, Infrastructure & Transport: Within easy reach of Monash University Peninsula Campus, Bayside Shopping Centre, and the Frankston Transport Interchange. The Developer's Edge: HCTZ Zoning Located within the newly implemented Housing Choice and Transport Zone (HCTZ2), this corner site is primed for the future: · Height Advantages: Planning guidelines for this zone support significant residential density with building heights potentially reaching up to 16 meters (STCA). · Corner Flexibility: Dual street frontage provides a distinct advantage for basement access and architectural design that standard mid-block lots cannot match. Whether you are looking for a beachside sanctuary, a secure investment with an established rental income of $480 per week, or a high-performance development asset in the heart of Frankston's billion-dollar revitalisation, 33 Mereweather Avenue is a cornerstone of opportunity. Disclaimer: I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.