24 Lee Street Frankston, Vic 3199
Virtual Tour

Property Highlights

Under Offer!



Delivering a prime development opportunity on the close perimeter of Frankston CBD, this 1960m2 (approx) allotment comes with plans and permits approved to construct nine generously sized townhouses.

Situated within the McClelland College zone within walking distance to Monash University, the Homemaker Centre, Leawarra Railway Station, Karingal Hub, Jubliee Park and Ballam Park Primary School, the location will suit a broad range of buyers.

Currently site to a five-bedroom, two-bathroom home with exposed brickwork, timber cladding, stainless-steel appliances and generous dimensions, the scope is also there to rent out the residence and develop in the future.

A developer's dream or handsome project for an ambitious builder looking to take the leap, this quiet residential pocket is currently undergoing an exciting modern renewal, translating into very lucrative returns.

Plans and permits approved for five 4 bedroom townhouses, three 3 bedroom townhouses and one 2 bedroom townhouse:

1) 4 bed, 3 bath + study
2) 3 bed, 3 bath + study
3) 3 bed, 3 bath + study
4) 2 bed, 2 bath + study
5) 4 bed, 3 bath
6) 4 bed, 3 bath
7) 4 bed, 3 bath
8) 3 bed, 3 bath + study
9) 4 bed, 3 bath

Should you require any further information please don't hesitate to contact Ash Weston on 0439 101 677 or Andrew Condon on 0407 766 774 any time. 

Please note photo ID required at all inspections.
Remember to mention you found this property on DevelopmentReady
calculator-icon Yield Calculator
calcultor-icon Yield Calculator
$ ×
$ ×

Due Diligence Tool

Enquire Now