Sale by Set Date ® Tuesday, May 26th at 1pm
Terms: 5/10% deposit
Settlement: 30/45/60 days
Tenanted: month-month lease $480p/w
Rental appraisal: $500 - 550 P/W (approx)
School Zone: FHS
Built: 1980s (approx)
Set in one of Frankston's most tightly held and high-performing pockets, 9 Vera Street is all about location, land and long-term upside.
Positioned within the highly sought-after Frankston High School zone, this is a rare opportunity for investors and developers to secure a substantial 674m² (approx.) allotment in a blue-chip growth corridor where demand consistently outpaces supply.
What truly sets this property apart is its walk-everywhere lifestyle, making it incredibly appealing for future resale or tenancy:
Frankston Beach & Oliver's Hill - 18–22 min walk
Little Olly's - 6–8 min walk
Frankston High School - 8–10 min walk
George Pentland Botanic Gardens - 6–8 min walk
Frankston Hospital - 8–10 min walk
Frankston Train Station - 18–22 min walk
Frankston CBD & Bayside Shopping Centre - 18–20 min walk
Frankston Park - 12–15 min walk
Foot Street Shops - 4–6 min walk
The existing three-bedroom home provides immediate rental income or holding potential, while the General Residential Zoning opens the door for redevelopment, dual occupancy or a luxury new home build (STCA).
Surrounded by quality homes, lifestyle amenity and key infrastructure, this is the kind of address that developers chase and investors hold tightly.
Opportunities in the FHSZ with this level of walkability and land size are increasingly rare-secure it now and capitalise on the growth trajectory of this premium Frankston precinct.
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.