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Ray White Judd White Group Commercial

28 & 30 Cricklewood Avenue Frankston, VIC 3199

28 & 30 Cricklewood Avenue,
Frankston, VIC 3199

Development Sites & Land
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Ray White Judd White Group Commercial
Jason Bertram

Ray White Judd White Group Commercial

17 Leicester Avenue Glen Waverley
GLEN WAVERLEY, VIC 3150
04223169...
Ray White Judd White Group Commercial
28 & 30 Cricklewood Avenue
Frankston, VIC 3199

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Major Residential Development Site - Frankston

A rare opportunity to acquire a substantial consolidated landholding in one of Frankston's evolving residential precincts, underpinned by recent rezoning and approved development certainty.

Key Highlights

• Two adjoining allotments offered together
• Total land area: 1,925 m² (approx.)
• Flat, rectangular site supporting efficient built-form outcomes
• Approved plans and permits for a townhouse development
• Recent rezoning to Housing Choice & Transport Zone (HCTZ2)
• 11 metre height allowance under current planning controls
• Strong potential for alternative, higher-yield development outcomes (STCA)
• Located within close proximity to transport, retail, education and lifestyle amenities
• Short-term holding income in place

This offering presents an ideal opportunity for developers and investors to secure a scalable site with both near-term development certainty and longer-term upside potential.

Information Memorandum available upon request.


Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent.

Additional information

Frankston, 3199 demographic data

The median household income for Frankston is $1,387, 27% lower than Greater Melbourne's household income of $1,901. Frankston has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 55% of property owners in Frankston have a mortgage.

37,331
Population
$1,387 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Ray White Judd White Group Commercial
17 Leicester Avenue Glen Waverley
GLEN WAVERLEY, VIC 3150