15-17 Mcmahons Road, Frankston
EOI Close 20 May at 5pm | $1,400,000 - $1,540,000
Expressions of Interest
1,233sqm – Double Block Positioned on a High Exposure Corner Site With Endless Potential
Positioned within the tightly held Frankston Central Activity Precinct, directly opposite Monash University Peninsula Campus and moments from Frankston Hospital, this rare double block (two titles) presents a standout opportunity for developers, investors, and owner-occupiers alike.
Set on approximately 1,233sqm with exceptional street exposure, the possibilities here are extensive (STCA): Multi-level residential development – potential for apartments up to 14m height (subject to Frankston Metropolitan Activity Centre Structure Plan - STCA) Medical or consulting suites – ideal given proximity to hospital and allied services Commercial offices / retail activation in a high-traffic location (STCA) Student accommodation – capitalise on immediate university access (STCA)
Additional highlights include: Two titles – flexible development scope Located within the sought-after Frankston High School zone High visibility corner position with strong passing traffic Walk to Frankston CBD, transport, shops, and lifestyle amenities
This is a rare landholding in a rapidly evolving precinct, offering both immediate utility and long-term upside.
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