Prime Corner Development Opportunity: Approved 4-Level Project with Basement in Central Frankston, Offering 25 Apartments and Commercial Space
Discover a centrally located corner development opportunity that places you at the heart of convenience. A mere 480m* away from the bustling Bayside Central Shopping Centre, this prime locale is home to retail giants such as Kmart, Woolworths, Chemist Warehouse, Coles, and more. Enjoy seamless connectivity with Frankston Train Station just 860m* away, providing a direct link to the vibrant Melbourne CBD. Additionally, the tranquil Frankston Beach is within a mere 270m*, offering a serene escape in close proximity.
Unlock the potential of this property with an approved 4-level development permit, including a basement. Spanning a total land area of 1,304 sqm*, the site boasts two street frontages covering a combined 84m*. The permit allows for the creation of a contemporary living space, comprising 25 apartments and 1 ground-level commercial space, ensuring a dynamic and integrated community.
Benefit from a head start in your development journey as the basement construction has already commenced. The groundwork has been laid, saving valuable time and effort for discerning buyers looking to capitalize on this meticulously planned project.
Indulge in the high amenity position offered by the close proximity to Bayside Central Shopping Centre. Additionally, the elevated position of the property promises potential bay views from the completed project, combining modern living with scenic beauty.
Positioned in a Mixed Use Zone (MUZ), this property presents a unique opportunity for flexible land use. Whether you envision a residential haven, a thriving commercial space, or a harmonious blend of both, the MUZ designation allows for diverse possibilities.
For further information and to seize this exceptional opportunity, interested parties are encouraged to get in touch with our exclusive marketing agents. Your next venture begins with a conversation—reach out to unlock the potential of this remarkable development.
