38 Fleetwood Crescent, Frankston South, Vic 3199

This property is on the market for the first time in 45 years, presenting a rare and highly sought-after prospect for those who have been watching its potential over the years.

Opportunities like this are rare, especially given the expansive size of the block and its premium location. For those with vision, this property offers immense potential, whether for a renovation, development or subdivision, or as a long-term investment (STCA).

Developers with a commitment to excellence and those looking to craft a premium multi-dwelling project will recognize the vast potential in this exceptional opportunity. Situated in the exclusive Olivers Hill area of Frankston South, this 1,138m² (approx) property presents limitless possibilities (STCA).

Astute renovators and builders will recognize the outstanding potential to renovate or repurpose existing structures, along with a subdivision and further development of the unused land (STCA). The existing 3-bedroom, 1-bathroom home is perfectly positioned for those wishing to extend while keeping open future options; enjoy the home now whilst designing your dream home.

Whether you choose to retain the house and develop the surrounding space or clear the site to establish a new canvass, you have the chance to turn a dream into reality and design and build your very own architectural masterpiece with expansive gardens, sunlit lawns, and even a pool on this impressive parcel of land (STCA).

The potential here is simply unrivalled.

Located in one of Frankston South’s most desirable enclaves this property enjoys the prestige and exclusivity that comes with being close to the highly coveted Olivers Hill.

This property’s location is as sought after as the land itself and offers proximity to the beautiful Olivers Hill beach and is surrounded by scenic walking trails, the serene Sweetwater Creek Nature Reserve, Yamala Tennis Club and nearby Norman Avenue shops and cafes. Residents will enjoy being within the Derinya Primary and Frankston High School zones, and proximity to Peninsula Grammar and Toorak College, making it an ideal site for families. The area is also a short drive to Frankston’s city centre and the vibrant village of Mt Eliza, with Melbourne under an hour away.

For further information, please contact Bret directly anytime on 0411 875 502.

Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence. The Land Agent does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.