23 Golconda Avenue, Frankston VIC 3199

Elevated corner block | tastefully refurbished solid brick | broad buyer appeal | developer optionality The refurbished solid brick construction on this elevated corner allotment provides a rare combination of immediate livability and future optionality. Polished floors and built-in robes make the three-bedroom layout competitive for owner-occupiers, while the corner position and land size create genuine development potential that investors or developers would price into their offers. This property serves first-home buyers seeking a move-in ready home and investors wanting holding income with land upside. The single bathroom is a functional constraint that may narrow buyer pool and cap short-term capital growth compared to two-bathroom equivalents. Development potential depends on council zoning not confirmed in available data, so buyers should verify before paying a premium for that angle. The elevated position reduces flood risk and improves street appeal, both defensible advantages in Frankston’s market. Hold as a low-maintenance family home or evaluate subdivision feasibility within six months.