545 Nepean Highway, Frankston, Vic 3199

Released for the first time in 100 years, the sale of this circa 1890 home opens a long awaited development opportunity on 2028m2 (approx) of prime real estate directly opposite Frankston beach.

Held by one family since the 1920s, this period home represents a hot opportunity to embark on Frankston's newest upmarket townhouse development, with the high profile position giving you the chance to showcase your design and building talents.

With a steeply sloping site offering the prospect of views for all and potential for luxury beachside townhouses (STCA), this is the quintessential developer's dream.

Literally steps to the sand and just a pleasant stroll to the centre of town the location is second to none, offering a lifestyle of absolute convenience for the privileged few.

At the very front of the long allotment, the 1890s home is a veritable treasure trove for antique dealers, including superb marble fireplaces, original pressed metal wall panels, superb decorative plasterwork, leadlight windows and original floorboards.