SOUTH East Water is paying $4 million for the site of its new Frankston headquarters. The land facing Kananook Creek stretches from Beach St in the north to Playne St and is owned by Frankston Council. A South East Water spokesperson said the price was market value and that moving to a new building there would “save us and our customers at least $20 million over the next 20 years”. Council has agreed to ignore its own building height regulations to speed up approval for the building on land now used for a car park. A South East Water sewage…