18 Cassia Grove Frankston VIC 3199


Potential Presents Itself!

$600,000 to $660,000

A huge opportunity presents itself to secure a substantial development site in one of Frankston’s most sought after locations within the Frankston High School Zone. Presenting 920 sqm of prime development land, this property is surrounded by an array of majestic trees that are sure to enhance the appeal of your development project. It has long been said that mature trees can positively impact a property’s value by between 6% and 11%. Whether you’re considering building your dream home or a well considered townhouse development, you can build with confidence knowing the finished project will have strong appeal!

The precedent has already been set for similar sites with several impressive and successful developments already having taken advantage of this prime location.

The current home offers a large open plan living and kitchen area, two bedrooms and a central bathroom with separate toilet. A rear bungalow is complete with bathroom facilities and there is the addition of a double carport and double garage. The home may have seen better days however with a smart renovation this property could still be tenanted in the lead up to your development perusal.

Perfectly positioned for convenience this home is within walking distance to an array of local shops, parks, schools, Monash university, train station and is within easy access of Frankston Freeway and Peninsula link.

Property Features
  • House
  • 3 bed
  • 2 bath
  • 3 Parking Spaces
  • Land is 920 m²
  • 3 Garage
  • Satellite
  • Transit
  • Bike
  • Comparables

Fast Facts about Frankston
  • Population 34,457
  • Area Size 20.8 km2 (8.0 Sq Mi)
  • Location 41 km (25 mi) from Melbourne city centre
  • LGA Frankston City
ash marton web _14 Known infamously as the ‘Gateway to the Mornington Peninsula’, Frankston is indisputably one of the best beachside suburbs in Victoria. Offering access to the best schools the Peninsula has to offer, combined with its award winning beach and waterfront precinct, make this constantly evolving city the ideal place to live.
  • European settlement of Frankston began immediately after the foundation of Melbourne in 1835, as an unofficial fishing village serving the early Melbourne township.
  • Prior to its settlement, the Frankston area was populated primarily by the Mayone-bulluk clan of the Bunurong people of the Kulin nations.
  • Frankston has been a popular seaside destination of Melbourne since the early 1880s.
  • Frankston Beach is still one of the most popular in Victoria and is recognised as one of the cleanest in Australia.
  • Olivers Hill was named after local fisherman, James Oliver, who built a cottage atop the hill from where he kept an eye out for fish in the waters below.
  • The first official land sales in the area were held in 1853, and Frank Liardet (the eldest son of prominent settler, hotelier and descendant of French nobility, Wilbraham Liardet), established the “allam Ballam” estate in 1854. The estate was the earliest officially recorded settlement in Frankston, and was located to the east of Port Phillip, in what is now known as the locality of Karingal. Liardet's original homestead "Ballam Park" remains today, and is now heritage listed.
OUR amazing sales result
87 Woodside Avenue, Frankston South
SOLD $1,125,000

Record Estate Price