379-381 Nepean Highway,
Frankston, VIC 3199
Development Sites & Land • Offices
Price information
Sale
Contact the Melbourne Commercial Property Experts
Key property information
Land area
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$125,712
Number of Tenants
2 Tenants
Private inspections
to arrange a private inspection.
Savills - Melbourne
Level 29, South Tower, 80 Collins StreetMELBOURNE, VIC 3000
379-381 Nepean Highway
Frankston, VIC 3199
Map of 379-381 Nepean Highway
Significant Corner Freehold with Development Upside
- 1,464sqm* corner landholding
- Holding income of $125,712 p.a
- Flexible Mixed Use Zone
EOI Closed - Offers Under Review
Savills is delighted to offer for sale this versatile corner freehold located at 379-381 Nepean Highway, Frankston.
The property is currently improved by an existing two level office & 4 residential units which are leased, providing holding income. The property is also situated within the Frankston Activity Centre which outlines a preferred building height of 42 metres*.
Key attributes of the property include:
• Ideal corner landholding of 1,464sqm*
• Combined frontage of 74 metres* to Nepean Highway & Ogrady Avenue
• Existing two-level office freehold & 4 residential units returning $125,712 p.a
• Flexible Mixed-Use Zone with a preferred building height of 42 metres*
• Adjacent to Castlerock’s $50million office development set to be occupied by the Victorian State Government
• Excellent Frankston CBD location moments from Bayside Centre hosting over 200+ retailers
• 100m* from Frankston CBD providing access to Frankston Train Station, Chisholm Tafe & more
• Easy access major arterials including Nepean Highway & M3 Freeway providing CBD access
*Approximate
For further information please contact:
Tanya Su - 0430 302 9...
Beau Bakhtani - 0412 159 0...
Benson Zhou - 0458 488 8...
Savills is delighted to offer for sale this versatile corner freehold located at 379-381 Nepean Highway, Frankston.
The property is currently improved by an existing two level office & 4 residential units which are leased, providing holding income. The property is also situated within the Frankston Activity Centre which outlines a preferred building height of 42 metres*.
Key attributes of the property include:
• Ideal corner landholding of 1,464sqm*
• Combined frontage of 74 metres* to Nepean Highway & Ogrady Avenue
• Existing two-level office freehold & 4 residential units returning $125,712 p.a
• Flexible Mixed-Use Zone with a preferred building height of 42 metres*
• Adjacent to Castlerock’s $50million office development set to be occupied by the Victorian State Government
• Excellent Frankston CBD location moments from Bayside Centre hosting over 200+ retailers
• 100m* from Frankston CBD providing access to Frankston Train Station, Chisholm Tafe & more
• Easy access major arterials including Nepean Highway & M3 Freeway providing CBD access
*Approximate
For further information please contact:
Tanya Su - 0430 302 9...
Beau Bakhtani - 0412 159 0...
Benson Zhou - 0458 488 8...
Property ID: 504696032Last Updated: 23 Oct 2024
Savills - MelbourneLevel 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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