Prime Development Opportunity in the Heart of Frankston – 1,067sqm (Approx.) in New HCTZ2 Zone
For Sale by Expressions of Interest – Closing Tuesday, 25th November at 3:00pm (Unless Sold Prior)
An exceptional opportunity awaits developers, investors, and visionaries, currently comprising of a four bedroom and one bathroom home, this substantial 1,067sqm (approx.) allotment is perfectly positioned within the newly introduced Housing Choice and Transport Zone (HCTZ2) — part of the Victorian Government’s Activity Centres Program implemented on 11 April 2025.
Located within the Frankston Metropolitan Activity Centre (FMAC), this prime landholding sits in a rapidly evolving precinct earmarked for urban growth, increased housing diversity, and improved connectivity to jobs, services, and transport.
Under the new HCTZ2 zoning, this site supports mixed-use development and encourages townhouses or low-to-mid-rise apartments up to four storeys on sites of 1,000sqm or more (STCA). With its generous dimensions, this property offers the ideal platform for a landmark residential or mixed-use project that capitalises on Frankston’s ongoing transformation.
Just moments from Frankston Station, Bayside Shopping Centre, Monash University Peninsula Campus, and the beachfront, this address represents a rare chance to secure a future-focused site in one of Melbourne’s most strategic growth corridors.
Key Highlights:
Approx. 1,067sqm of prime land in sought-after Frankston precinct
Zoned HCTZ2 – Housing Choice and Transport Zone (April 2025)
Potential for up to 4 storeys on larger sites (STCA)
Ideal for townhouse or apartment development
Excellent proximity to public transport, retail, and lifestyle amenities
Don’t miss this exceptional opportunity to be part of Frankston’s next chapter of urban renewal.
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*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.
