Frankston bathing box prices on the rise

Frankston bathing box prices on the rise
Frankston bathing box prices on the rise

Frankston's bathing box prices are on the rise.

One of the 30-odd foreshore boxes on Gould Strett, Bathing Box 26, is being offered for sale at $145,000.

The selling agent Robert Austin of LJ Hooker Seaford said the property would likely break the Frankston record.

Frankston's recent beach box sales include Bathing Box 32 which fetched $125,000 in March last year, and the Sunrise Rotary Club-built Bathing Box 10 which sold for $114,500 in 2014.

Bathing box records have fallen in Portsea, McCrae, Dromana and then three times in Brighton over the past year. 

Frankston resident Bill Gardiner bought his box 30 years ago for just $3000.

Gould St’s beach boxes can only be owned by Frankston council ratepayers, similiar to the situation at Brighton’s Dendy Street beach.

MELBOURNE'S BEACH BOX BONANZA

Brighton: the record price for the Dendy Street beach foreshore has been broken three times this year, most recently with Bathing Box 44, which fetched $307,000 last month.

Dromana: Boatshed 145 set a new benchmark when sold for $306,800 in March.

Portsea: Boatshed 23 broke the Shelley Beach record, fetching $615,000 in November, but a subsequent prized offering failed to sell.

McCrae: a mystery racehorse owner paid a record price of $239,000 for Boatshed 28 last October.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Beachfront Frankston

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