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27 Olympic Avenue, Frankston, VIC 3199, 5 Bedrooms, 2 Bathrooms, House

$950,000-$1,020,000

27 Olympic Avenue, Frankston, VIC 3199

5
2
4
783m2
HouseListed on Fri Nov 1
Estimated priceMornington PeninsulaMost Popular

Frankston 5 Bedroom Design Meets Opportunity: Classic Mid-Century Home with Self-Contained Studio on Sub-dividable Block (STCA)!

Welcome to this mid-century, white weatherboard home nestled on a generous 783 m? sub-dividable block (STCA), perfect for your next investment or family haven. Enjoy the privacy of a tall brick fence and a spacious side driveway leading to the double lock up garage/workshop and the expansive backyard that presents the opportunity to keep the existing home and develop at the back (STCA).

The front garden is a delightful retreat, featuring fragrant magnolias and star jasmine, ideal for outdoor entertaining or quiet meditation. Inside, experience nostalgic charm with myrtle timber floorboards, a large sunken living space complete with a ceiling fan and wall heater, and a dining area bathed in natural light. The retro kitchen boasts a walk-in pantry, original Simpson appliances, and a modern Bosch dishwasher, with a convenient study nook/kitchen bench.

The master bedroom is a tranquil escape, featuring ample wardrobe space, while the second bedroom includes a Jack and Jill bathroom and built in robe. A versatile third bedroom can serve as a study or guest room.

For added flexibility, the self-contained studio is reminiscent of a New York apartment, featuring exposed timber beams, modern kitchen with large timber island bench, two additional bedrooms, and a bathroom with subway tiled shower, vanity and toilet, making it perfect for multi-generational living or additional rental income.

With direct access to Lee Reserve and Jubilee Park, this property is ideally located near sports facilities, walking trails, eateries, and schools, including Frankston East Primary and McClelland Secondary College. Don't miss this rare opportunity to own a versatile property in a prime Frankston location!

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Frankston East Primary School
0.63 km
Primary
Prep-6
Government
icsea: 951
McClelland Secondary College
1.01 km
Secondary
7-12
Government
icsea: 974

Property history

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Frankston surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5/102-104 Hillcrest Road, Frankston
0.29 km
2
1
-m2
Year 2024 Month 12 Day 09
$560,000
Council approved
8/1A Lee Street, Frankston
0.20 km
2
1
214m2
Year 2024 Month 11 Day 05
-
Council approved
176 Cranbourne Road, Frankston
0.32 km
3
1
-m2
Year 2024 Month 10 Day 24
$675,000
Council approved
81A Nursery Avenue, Frankston
0.10 km
3
2
-m2
Year 2024 Month 08 Day 30
$770,000
Council approved
14 Lee Street, Frankston
0.21 km
4
2
-m2
Year 2024 Month 08 Day 09
-
Council approved

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Ref:7P15176Last update:2025-01-22 11:07:23