High-Density Development Opportunity in Prime Frankston Location.

An outstanding opportunity awaits for developers and investors at 19 Sheridan Avenue, Frankston, offering a substantial 678m² (approx.) allotment positioned within the highly sought-after Residential Growth Zone – Schedule 1 (RGZ1).

This premium parcel presents strong potential for high-density development, with scope for up to five townhouses (subject to council approval). The RGZ1 zoning supports medium to higher density residential outcomes, making this site ideal for those looking to capitalise on Frankston's ongoing growth and increasing demand for contemporary, low-maintenance housing.

Located in a well-established and rapidly evolving pocket of Frankston, the property enjoys close proximity to schools, local shopping, public transport, Frankston CBD and the foreshore, adding both lifestyle appeal and long-term investment confidence.

Opportunities of this nature in a growth-focused zoning are increasingly rare. This is a compelling proposition for developers and investors seeking scale, flexibility and future upside.