4, 4a & 5 Douglas Grove, Frankston VIC 3199

Property Details: • Type: Vacant Land

• Bedrooms: 0 • Bathrooms: 0

Description: Buy one or Buy them all! Rarely does a landholding of this magnitude-a staggering 3,302m²-present itself to the market. This exceptionally flat, vacant allotment offers a massive strategic footprint in Frankston's most sought-after precinct. Demolition costs removed, this site allows you to move directly into the design and permit phase. With zoning that accommodates up to four-stories (STCA), this is a rare opportunity to secure an accelerated return on investment. Frankston has evolved into a bustling suburban hub blending coastal lifestyle with essential metropolitan infrastructure. This property is positioned within the prestigious Frankston High School and Derinya Primary School Zones, driving immense demand for modern housing. Its proximity to Monash University, Chisholm TAFE and the Frankston health precinct, further cement its status as a high-yield location. Connectivity is seamless with a ten-minute walk to Frankston Station and immediate access to Peninsula Link and EastLink, placing the Melbourne CBD just 45 minutes away. This blue-chip powerhouse is a genuine triple threat for the savvy investor. It serves as a premier candidate for high density residential projects, a secure land banking opportunity or various commercial uses (STCA). A rare scale of a suburban subdivision with the convenience of an established metropolitan lifestyle. Residential Growth Zoning Up to 13.5M Building Height (STCA) 3,302m² land 3 Individual Titles - 4 Douglas - 1263m2 - $1,400,000 - $1,500,000 4a Douglas - 1263m2 - $1,400,000 - $1,500,000 5 Douglas - 776m2 - $880,000 - $929,000 Flexible terms available Fantastic market sales for units in the area High yield investment opportunity Concept plan for apartment complex available on request *The information provided is for general guidance only and is based on sources believed to be reliable at the time of publication. While every effort has been made to ensure accuracy, no warranty or representation is given as to its completeness, correctness, or suitability for any particular purpose. Interested parties should conduct their own independent enquiries and obtain professional advice before making any decisions. The property details, measurements and descriptions are subject to change without notice.