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5 - 7 Silvertop Street, Frankston North$1.47m
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For Salehouse

5 - 7 Silvertop Street

Frankston North, VIC 3200, Australia
$1.40m – $1.54m
6 bed 2 bath 2 car1208 m²

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Expressions Of Interest also welcome for 5 or 7 Silvertop Street, Frankston North A rare chance to secure two adjoining properties on a combined 1,208m² (approx.) allotment, right in the heart of Frankston North. Perfect for builders, developers, and investors, this package offers endless scope to develop, landbank and invest with the confidence of secure rental income already in place. Zoned General Residential (GRZ), the site is ideally suited for multi-townhouse development (STCA), or a strategic long-term hold in an area showing strong growth and demand. Property Details: 5 Silvertop Street, Frankston North -Land: 606.2m² approx. -Internal: 97.55m² approx -3 Bedrooms | 1 Bathroom | 1 Living Zone -Single detached garage -Fixed lease until 30/09/2026 $470 per week ($2,042 pcm) 7 Silvertop Street, Frankston North -Land: 602.17m² approx. -Internal: 88.26m² approx. -3 Bedrooms | 1 Bathroom | 1 Living Zone -Single detached garage -Fixed lease until 25/06/2026 $450 per week ($1,955 pcm) Highlights: -Total land size: 1,208m² (approx.) across two titles -General Residential Zone (GRZ) supports multi-unit development (STCA) -Consistent income stream with quality tenants until midlate 2026 -Excellent access to schools, public transport, major arterials, parks, and shops -Minutes to Frankston CBD, beach, and freeway connections This is an outstanding opportunity to secure a large landholding in a growth corridor with dual income today and major upside tomorrow. Call Jack Murray on 0421 522 898 for further information or to arrange a viewing

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
6
Bathrooms
2
Parking
2
Land Area
1208 m²
Listed
3 months ago

Repayment calculator

$7,126/month
$3,563 /fortnight
Loan $1,176,000 at 6.10% over 30 years

Upfront costs

Deposit$294,000
Stamp duty$80,850
Conveyancing (est.)$2,000
Total upfront$376,850
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 North

This 6-bedroom house in Frankston North, VIC 3200 sits within reach of public transport, local shops and nearby schools. It is listed 123% above the $660,000 median of 71 comparable houseswithin 5 km.

Schools near Frankston North

  • Aldercourt Primary Schoolprimary · Prep-6 · CoEd
  • Mahogany Rise Primary Schoolprimary · Prep-6 · CoEd
  • Monterey Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Eric Bell Reserve/Forest Drive (bus)132 m away
  • Unnamed135 m away
  • Eric Bell Reserve115 m away
  • Monterey Reserve411 m away
  • Unnamed547 m away

Frankston North at a glance

Full suburb profile
Population
5,711
Median age
37
Household income
$1,128/wk
Median rent
$315/wk
Median mortgage
$1,408/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston North price trend

Median sold · House 3 bed

Compound growth +4.3% / yr over 4 yrs

$710kcurrent median

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