A $320 million redevelopment of the Vasey RSL site in Frankston South has been approved by the state’s planning minister.
A permit has been granted to build a residential aged care facility with 80 beds and a retirement village with 414 units at 85 Overport Road. A statement from Vasey RSL Care read that the decision “will deliver more homes for veterans and their families, and for the broader community in Frankston South.”
“This development in an attractive location in Frankston South will offer quality homes for those retirees looking for a friendly community where they can stay involved. The variety of accommodation and services will enable residents to stay healthy and retain independence, knowing more support is available if needed down the track. New landscaping and gardens, retained mature trees, a walking track, village hub, coffee shop and on-site services will make this an appealing proposition,” Vasey RSL Care said. “With the issuing of the permit, we will now be refining and finalising the design with our design and planning partners, consultants and specialists according to our original planned timeline.
“There is a lot of work to be done and we will continue to communicate regularly with our community and all those interested in this development.”
The approved permit will allow for developer to construct a building or construct or carry out works for a residential aged care facility; to construct a building or construct or carry out works for a retirement village; to carry out works to remove, destroy or lop vegetation; to construct a fence; and to remove, destroy or lop a canopy tree.
First published in the Mornington News – 14 April 2026



