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A rare opportunity to acquire a substantial consolidated landholding in one of Frankston's evolving residential precincts, underpinned by recent rezoning and approved development certainty.
Key Highlights
• Two adjoining allotments offered together
• Total land area: 1,925 m² (approx.)
• Flat, rectangular site supporting efficient built-form outcomes
• Approved plans and permits for a townhouse development
• Recent rezoning to Housing Choice & Transport Zone (HCTZ2)
• 11 metre height allowance under current planning controls
• Strong potential for alternative, higher-yield development outcomes (STCA)
• Located within close proximity to transport, retail, education and lifestyle amenities
• Short-term holding income in place
This offering presents an ideal opportunity for developers and investors to secure a scalable site with both near-term development certainty and longer-term upside potential.
Information Memorandum available upon request.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Remember to mention you found this property on DevelopmentReady
A rare opportunity to acquire a substantial consolidated landholding in one of Frankston's evolving residential precincts, underpinned by recent rezoning and approved development certainty.
Key Highlights
• Two adjoining allotments offered together
• Total land area: 1,925 m² (approx.)
• Flat, rectangular site supporting efficient built-form outcomes
• Approved plans and permits for a townhouse development
• Recent rezoning to Housing Choice & Transport Zone (HCTZ2)
• 11 metre height allowance under current planning controls
• Strong potential for alternative, higher-yield development outcomes (STCA)
• Located within close proximity to transport, retail, education and lifestyle amenities
• Short-term holding income in place
This offering presents an ideal opportunity for developers and investors to secure a scalable site with both near-term development certainty and longer-term upside potential.
Information Memorandum available upon request.
Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.
Remember to mention you found this property on DevelopmentReady
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