This generous 650sqm (approx.) parcel of land has its own title and is set within sought-after Lakewood estate. The level block sits in an elevated position and could provide great views across the treetops and the neighbourhood, particularly from a 2-storey property. It offers an ideal opportunity for developers or investors seeking a vacant block of land to construct 1 or more properties for sale or ongoing rental. Alternatively, 1st time buyers and families could take advantage of this fantastic central Lakewood position and create a brand new home, designed to personal requirements, all STCA. In a family-friendly location, it's in walking distance to Kingsley Park Primary School and Mt Erin Secondary College, or for entertaining the kids and enjoying a slice of nature, Witternberg Reserve and its updated playground are only a stroll away. Just 600m down the road you'll find a range of shops, cafés and takeaways at Shaxton Circle, or a short drive will take you to Heatherhill Road and Towerhill shops and the new Ritchies supermarket. In addition, it's only minutes to Peninsula Link freeway access, Frankston Hospital, Monash Peninsula campus, train station, Frankston CBD amenities and beautiful beaches, making it perfect for commuting and leisure. • Generous block on own title • Build 1 or more new homes (STCA) • Close to schools, shopping, cafés, hospital, CBD amenities • Near Peninsula Link access and train station • Short drive to the beach https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161