Situated in the thriving and expanding precinct, Lots 4, 4A & 5 Douglas Grove, Frankston present an enticing Flexible Residential Development opportunity in one of Victoria's fastest-growing suburbs. This prime landholding spans a total of 3302m2* (approx.) and boasts a substantial 60.63m* street frontage to Douglas Grove, capitalizing on major infrastructure upgrades in the area. Location is key, with the property strategically positioned only 800m* from the pristine Frankston Beach along Port Phillip Bay, approximately 800m* to the Frankston Train Station, and 600m* to the bustling Bayside Shopping Centre. The flexibility of this development opportunity in a Residential Growth Zone, aligning with the evolving landscape of the precinct, making it an ideal investment for those seeking to capitalize on the region's growth potential. With easy access to Melbourne CBD, this property not only promises a significant Residential development venture but also offers proximity to highly sought-after amenities, making it a strategic and valuable investment in the heart of Frankston. * Approx. Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website. Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist