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Savills - Melbourne

379-381 Nepean Highway Frankston, VIC 3199

Directions

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
Benson Zhou
Tanya Su
Beau Bakhtani

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
379-381 Nepean Highway
Frankston, VIC 3199

Map of 379-381 Nepean Highway

Directions
  • Train stations within 5 km of 379-381 Nepean Highway, Frankston, VIC 3199Distance
    Frankston Station644 m
    Kananook Station2 km
    Leawarra Station2.1 km
    Seaford Station3.7 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 379-381 Nepean Highway, Frankston, VIC 3199Distance
    O'Grady Ave/Nepean Hwy (Frankston)110 m
    Ebdale StDandenong Rd324 m
    Mereweather AveNepean Hwy368 m
    Mereweather Ave/Dandenong Rd (Frankston)426 m
    Ross Smith AveNepean Hwy488 m
    POWERED BY HERE ©
POWERED BY HERE ©

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...

Property ID: 504696032Last Updated: 23 Oct 2024

Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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