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Land
545 Nepean Highway, Frankston, VIC 3199 - Thumbnail 1 - 05/02/2026
545 Nepean Highway, Frankston, VIC 3199 - Thumbnail 2 - 05/02/2026+ 8

545 Nepean Highway
Frankston vic 3199

Land

1956 m2 (approx)
Sat 14th March, 1:30 PM
$2,650,000 - $2,800,000

Agent

Thomas Larkin

0431 349 380

Jasmine McDougall

0493 157 036

Office Contact

Barry Plant Frankston

03 9781 3100

Multi-Dwelling Development Site (STCA)

Terms: 5-10% deposit
Settlement: 60/90/120 days
Land size: 1956m2 (approx)
School Zone: Frankston High School

Set just moments from the golden sands of Frankston Beach, 545 Nepean Highway presents a once-in-a-generation opportunity to secure a landmark development site (STCA) in one of Melbourne's most tightly held coastal corridors. This is far more than a parcel of land; it is a canvas of rare scale and presence, designed for those who demand both prestige and potential.

Visionary Development Potential
Offering an expansive 2,011sqm (approx.) allotment, the site presents a premier opportunity for a high-end Development Site (STCA). Drawing inspiration from successful neighbouring projects, the land offers the potential for 5–6 luxury dwellings, allowing a visionary developer to set a new benchmark for coastal living. Whether delivering a boutique multi-residential masterpiece or a singular statement estate, the sheer depth and openness of the site allow for a level of design, privacy, and grandeur that is a true rarity so close to the shoreline.

Unrivalled Outlooks
What sets this address apart is the certainty of its surroundings. The strategic positioning ensures permanent, uninterrupted views across the sparkling waters of Port Phillip Bay and the iconic Melbourne City skyline. Unlike other coastal pockets, you can build with absolute confidence, knowing that your outlook, natural light, and lifestyle will never be compromised by future developments.

An Elite Lifestyle Location
Situated within the prestigious Frankston High School Zone, the location is nothing short of elite. Morning rituals are elevated with Little Olly's, Mr Frankies, and the vibrant waterfront dining precinct all just a short stroll away.

Life here is effortless and refined. Enjoy sunrise walks along the foreshore, weekend runs with the Oliver's Hill Run Club, or take in sweeping vistas from the nearby lookout. While the energy of the Frankston CBD-one of the Peninsula's fastest-growing hubs-is within easy reach, this address preserves the peace and privacy of a world-class coastal retreat.

Connectivity & Convenience
The appeal is further enhanced by proximity to Frankston Hospital, Monash University, and Kinetic Stadium, alongside seamless access to Peninsula Link-connecting you to the Mornington Peninsula's world-class wineries, championship golf courses, and charming coastal villages in minutes.

A Rare Opportunity
Whether you are an astute developer seeking your next flagship project or a discerning buyer looking to shape a legacy property, 545 Nepean Highway commands attention. Opportunities of this calibre-combining over half an acre of land, beach proximity, and permanent bay views-are exceptionally rare.

This setting deserves something magnificent. The potential here is nothing short of extraordinary.

Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.
Property Video
Auction
Saturday 14 March
1:30 PM
Helpful links

Agent

Thomas Larkin

0431 349 380

Jasmine McDougall

0493 157 036

Office Contact

Barry Plant Frankston

03 9781 3100

Frankston
vic 3199

Number of Residents
37,331
Median Sale Price
$760,000
Median Rental Price
$590p/w
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