Sold

1&2/50 Orwil Street,
Frankston 3199, Victoria

5 bedrooms
2 bathrooms
2 car spaces
702m² land size
House

Price withheld

Property Price Statement

Property details

Corner Block with Endless Potential!

Two homes, one title, and a strong 702 sq. metre (approx) corner-positioned allotment as the foundation - this dual-residence super holding delivers immediate income potential, serious renovation upside, and significant and well-positioned land that keeps the development idea well and truly open. In a central Frankston setting that's already striving forward with momentum, the timing here is as compelling as the asset itself.

A triple-fronted blonde-brick home fronts the site, stepping into separate lounge and dining rooms, a serviceable kitchen with a vintage St George cooker, a covered terrace at the rear, and three robed bedrooms around a central bathroom, a laundry, and a separate toilet. The second home fronts Bradshaw Street and has been largely gutted for a total transformation, presenting an open canvas across two bedrooms, a large lounge, and separately defined kitchen and bathroom footprints ready to receive their custom new looks.

The options here are truly endless - renovate to the rear while you live in the front, then swap over and repeat, live in one while you rent the other, or maximise its full yield with a subdivision or multi-dwelling development (STCA). Buses stop at the doorstep, Kananook and Frankston stations are moments away, and freeway access, Frankston CBD, and the Long Island foreshore are all within easy reach, placing you amongst the infrastructure that underpins demand, regardless of how you choose to play it.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Kananook Primary School Primary Prep-6 Government 0.85km
  • Karingal Primary School Primary Prep-6 Government 1.8km
  • Frankston Primary School Primary Prep-6 Government 1.8km
  • St Francis Xavier School Primary Prep-6 Catholic 1.9km
  • Frankston East Primary School Primary Prep-6 Government 1.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


Back to top