For developers, builders and investors searching for a property with genuine future possibilities, 12 Derna Crescent presents an exciting opportunity on approximately 610sqm in an established Frankston location.
The standout feature is the impressive street frontage of approximately 30 metres, creating excellent exposure and valuable flexibility when considering how the site could be used. With its substantial proportions and distinctive shape, the allotment invites buyers to explore the potential for redevelopment, subdivision or the construction of a brand new home, subject to council approval.
Currently occupying the block is an established three bedroom brick residence, providing the option to renovate, retain as an investment or use as a holding property while future plans and permits are explored. The existing home includes a practical layout, an updated central bathroom, built in storage, covered parking and a generous backyard.
For those with a vision for the future, the land is where the greatest opportunity lies. Its approximately 33.5 metre and 34.9 metre side boundaries, combined with the wide frontage, provide developers and builders with an interesting canvas from which to investigate a thoughtfully designed residential project (STCA).
The location further strengthens the property's appeal, with Frankston's shopping, schools, parks, public transport, medical facilities and beautiful coastline all within easy reach. Convenient access to major roads and Peninsula Link also makes travelling throughout the Mornington Peninsula and Melbourne's south east simple.
Whether you choose to renovate, rebuild or explore the site's development possibilities, 12 Derna Crescent offers the land, frontage and location required to create something special. Opportunities with these proportions are increasingly difficult to secure, making this a compelling prospect for developers, investors and forward thinking buyers (STCA).
All information provided is deemed reliable but not guaranteed. Interested parties should conduct their own due diligence and verify all details independently. The agent and agency take no responsibility for any errors, omissions, or changes in the property's description.
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