FOR SALE BY SET DATE CLOSING WEDNESDAY 13TH MAY AT 12PM.
Nichols Crowder is proud to present one of Frankston's most significant and strategic development opportunities.
Positioned with dual street frontages to Cranbourne Road and Playne Street, this substantial landholding offers scale, exposure, and flexibility within the Frankston Metropolitan Activity Centre (FMAC). With a commanding presence to Cranbourne Road and rear access via Playne Street, this is a rare opportunity to secure a major infill development site in one of Melbourne's fastest growing precincts.
Key features include:
* Land area of 6,000sqm*
* Cranbourne Road frontage of 100m*
* Dual street frontages to Cranbourne Road & Playne Street
* Activity Centre Zoned (ACZ) – suitable for a range of uses including residential, medical, education, aged care, child care or mixed-use (STCA)
* 6-level (22m*) FMAC approved height limit (STPA)
* Existing permit for a medical centre development
* High exposure main road position
* 300m* to Frankston Train Station, opposite PARC & Chisholm TAFE
Frankston is undergoing a major transformation, with significant public and private investment reshaping the city centre. The FMAC structure plan is driving higher-density development, increased building heights, and a clear shift toward urban consolidation.
A strong pipeline of mixed-use and residential projects is already underway, delivering hundreds of new apartments and revitalising the CBD. This is underpinned by major infrastructure investment, including the $1.1 billion redevelopment of Frankston Hospital, further strengthening the area as a key employment and commercial hub.
Opportunities of this scale, flexibility, and positioning are exceptionally rare.
With streamlined planning pathways and ongoing investment into transport, education, and health infrastructure, Frankston is firmly positioned as one of Victoria's key growth regions, with increasing demand for high-quality development outcomes.
For further information or to arrange an inspection, please contact:
Jamie Stuart
Karl Aslett
Linda Ellis
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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