1 Lewis Street, Frankston is a $13.25M Nexus Developments project under planning inside the evolving Frankston metropolitan centre. It is a play on Frankston’s revitalisation — anchored by decade-long health, education and transport investment.
Frankston is a metropolitan activity centre, not a suburb
Frankston has been designated a metropolitan activity centre in state planning strategy — the highest-order centre outside the Melbourne CBD alongside Dandenong, Ringwood, Sunshine, and Fountain Gate. That designation carries planning priority, infrastructure spend and jobs attraction that a general suburb doesn’t get.
What it means on the ground
- Frankston Hospital expansion
- Chisholm Institute and Monash Peninsula Campus expansion
- Frankston Station and interchange upgrades
- A decade-long CBD renewal programme
The 1 Lewis Street site
$13.25M total development value inside the evolving Frankston CBD footprint, currently under planning. Anchored by health, education and transport catchments simultaneously.
Metropolitan centre. Not suburban. Different maths.
The buyer profile is widening
The Frankston buyer profile has broadened materially in recent years. It still includes long-time locals and Peninsula families, but now also downsizing bayside couples, early-career professionals working locally, and first-home buyers looking for city-level amenity at a Melbourne-corridor price.
Nexus Developments — Melbourne multi-sector property development.
nexusdevelopments.com.au · +61 3 9460 1865