5 - 7 Silvertop Street
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About this property
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
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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
- Unnamed — 135 m away
- Eric Bell Reserve — 115 m away
- Monterey Reserve — 411 m away
- Unnamed — 547 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
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Frankston North price trend
Median sold · House 3 bed
Compound growth +4.3% / yr over 4 yrs
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