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4 David Street

Frankston, VIC 3199, Australia
$790,000
3 bed 2 bath 2 car632m²

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Area Price Guide
$742,600$837,400

Indicative price guide range

🏘️
78
Comparable
📊
$770,000
Area median
⚖️
+3%
vs median
📐
$1,250
Per m²
📏
632 m²
Land
🗓️
Today
Listed

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Beautifully kept and full of personality, this 3-bedroom, 2-lounge home draws you in with its polished hardwood floors, a glowing fireplace, and significant space that unfolds further than you'd expect. A 632 sq. metre (approx.) central Frankston allotment does the rest, presenting a premium landholding that's so very close to the CBD, ready to live in, lease out, or grow into something more (STCA). Positioned within the highly sought-after Residential Growth Zone Schedule 1 (RGZ1), this outstanding 632sqm (approx.) flat rectangular allotment presents exceptional future potential for developers, investors, or land bankers alike. With favourable zoning designed to encourage higher-density development, the site offers exciting scope for multi-townhouse development, apartments, or a premium dual-occupancy project (STCA). Opportunities like this in central Frankston are becoming increasingly hard to secure. The weatherboard facade evokes immediate charm beyond its high front fencing, as the front door opens to polished hardwood floors that run throughout the entire home. The L-shaped lounge and dining room relishes its northerly aspect with fireside warmth and gracious space, stepping through to a large open-plan family and meals area at the rear, sided with a stone-topped kitchen appointed with stainless steel appliances and a buffet island ready to take on weeknights and weekends with relative ease. French doors open to a covered deck that transitions to a huge backyard shaded with established trees, genuinely spacious and large enough for children to really run around in, while the scale also opens the door to a second dwelling or redevelopment (STCA). Inside, the three robed bedrooms are served by a well-appointed central bathroom and a full-sized fitted laundry, while the master bedroom impresses with full-width built-in robes and a private updated ensuite. Split-system air conditioning, evaporative cooling, and a freestanding single garage complete the practical picture, with its exemplary positioning doing the rest - just metres from buses, Frankston CBD and train station, it sits within easy reach of Bayside Shopping, Chisholm TAFE, PARC Recreation Centre, a revitalised entertainment and dining precinct, freeway access, the beautiful foreshore, and the broader activity of a suburb that continues to attract serious attention from owner-occupiers and investors alike. Frankston's current momentum is serious, and this address puts you right at the centre of it. Act fast! Please note: this property is currently tenanted, returning $581.53 per week. Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $3,830/month
    $1,915 /fortnight
    Loan $632,000 at 6.10% over 30 years

    Upfront costs

    Deposit$158,000
    Stamp duty$42,470
    Conveyancing (est.)$2,000
    Total upfront$202,470
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Parking
    2
    Land Area
    632m²
    Listed
    Today

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