2/24 Cliff Road, Frankston VIC 3199

2/24 Cliff Road | four-bedroom townhouse | 564sqm block | Frankston cliffside pocket | rare configuration This property presents a compelling buying proposition due to its uncommon configuration: a four-bedroom townhouse on a full 564-square-metre block in a cliffside pocket of Frankston. The internal layout, at 158 square metres, offers generous living space that competes with detached houses, while the strata title structure typically lowers maintenance obligations compared to freehold. For a buyer seeking a larger home with outdoor space in a tightly held street where 75% of properties are owner-occupied, this represents a rare opportunity to secure a long-term holding in a location with strong demand character from established families. The primary risk is the price gap between the current listing guide and the local median for five-bedroom houses, which sits at $930,000, suggesting this property is positioned at a premium for its specific attributes rather than broad market comparables. However, the absence of flood, bushfire, or heritage overlays reduces due diligence risk, while the street’s high owner-occupier rate (75%) and low turnover signal stable neighbourhood quality. The opportunity lies in the property’s ability to appeal to buyers priced out of larger detached houses in Frankston’s premium pockets, offering a townhouse with genuine block space and school catchment access to Frankston High School.