A weatherboard house at 6 Cecil St, Frankston, is for sale following a fire.
A dilapidated Frankston house listed as an outstanding regeneration or development opportunity could sell for more than $1m.
A five-bedroom weatherboard home at 6 Cecil St has a range of $950,000-$1.045m.
Luke Magree of OBrien Frankston said he believed the fire was started by Christmas tree decorations, around last year. Fortunately, no one was injured in the fire.
RELATED: Suspicious Geelong West fire prompts sale of rare vacant block
Firefighters alert Aussie areas at risk of LA-style blazes
Ricki Lake’s happy ending after her home was destroyed by fire
Mr Magree said the owner of this home for over ten years is hoping that the circa-1950 house will be bought by someone who wants to restore it, but also expects a lot of investors, renovators and developers because of the size of the 1000sq m block.
Within 48 hours of the property being listed, investors from as far away as Sydney contacted him about the property in addition to other buyers including someone hoping to renovate and flip a home.
An address within the Frankston Secondary College area is likely to appeal to families.
The Parklands including the George Pentland Botanical Gardens, hospitals, Foot St shops, bus routes, Monash University and Frankston’s CBD are all close by.
![6 Cecil St, Frankston - for herald sun real estate](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
The house is placed on 1000sq m of land.
The residence was previously a family home.
Mr Magee described the home as an unusual offering to the area.
“It’s probably in the best location of Frankston bar the sea front and it’s a flat, usable area
blue-chip Frankston, smack-bang in the middle of everything in the high school area,” Mr Magee said.
The original layout of the home consisted of several living areas around a central kitchen.
The block may be developed into units or townhouses, subject to council approval.
This distressed house at 187 Somerville Rd, Yarraville, sold for $770,000 in July 2025. Nicholas Scott Real Estate Yarraville is marketing the property.
Mr. Magee said the list presents a good opportunity to demolish the existing residential area and build three or four large townhouses on the block, subject to council approval.
Or, on a rough estimate, he said renovating the house could cost at least $150,000 with a large loan of $300,000-$400,000 if the new owner wants out.
“The living room where the fire happened, that front living room is back in the frame,” Mr Magee said.
A Victorian fire-damaged period home at 205 Montgomery St, Lake Bolac, changed hands for $125,000 in March 2025.
Ray White Ararat director Adam Walker has a list.
Realestate.com.au listings show half a dozen more fire-damaged homes for sale across Victoria in 2025.
In August, the Thomastown home where the fire broke out fetched $660,000.
Last month, a three-bedroom house in Yarraville with a fire-damaged kitchen and family room changed hands for $770,000.
Named Kardinia, this fire-damaged one-bedroom house at 4 Kelsall St, Warracknabeal, sold for $100,000 in May 2025.
Elders Warracknabeal are running a sales campaign.
A Warracknabeal house where the front porch and living room were gutted by fire changed hands for $100,000 in May.
In the western region of the state, a 1914 former teacher’s home in Lake Bolac that burned down sold for $125,000 in early 2025.
Subscribe to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered straight to your inbox.
MORE: A dilapidated Victorian school with no power or plumbing for sale
Heidelberg sinks less than 400m from million dollar homes
It’s a viral trick that allows Australians to save their lawns without incurring huge fines
