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2. Property Highlights

Central Frankston Development Opportunity
  • Prime Corner Holding
  • High Rise Development Potential (STCA)
  • Ideal Position in Frankston MAC

Savills is delighted to offer for sale 5-7 Keys Street, Frankston located opposite Bayside Shopping Centre with scope for a significant development project.

Key attributes of the property include:

• 394sqm* corner holding

• Frontages to Keys Street and Wells Lane totalling 44 metres*

• Commercial 1 Zone (B1Z)

• Within Frankston Metropolitan Activity Centre’s Precinct 1: City Centre

• Extensive development outcomes with preferred building height of 41 metres and potential ocean views (STCA)

• Currently improved by a single-level building suitable for office or retail

• Within a major retail precinct opposite Bayside Shopping Centre

• Convenient walking distance to Frankston Beach and Frankston Train Station


For Private Sale

For further information please contact:

Tanya Su - 0430 302 950

James Latos - 0422 604 900

The property is being sold on behalf of Frankston City Council, who are working for the community to attract quality development, jobs and housing. Council is working to streamline its permit processes and provide greater levels of certainty for developers seeking to make a positive impact to the Frankston Community.

Remember to mention you found this property on DevelopmentReady

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4. Property Location

5-7 Keys Street, Frankston, VIC 3199

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5. Due Diligence

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5-7 Keys Street, Frankston, VIC 3199 Frankston
Savills - VIC
Savills - VIC
Level 29, South Tower, 80 Collins Street, Melbourne, VIC, 3000
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