411 Nepean Highway,
Frankston, VIC 3199

Located on Port Phillip Bay, approximately 40 kilometres south east of Melbourne, Frankston is a bustling and cosmopolitan city with outstanding potential growth. It is the gateway to the Mornington Peninsula population of an extra 133,000 people.

Frankston office market comprises:
* There are only 2 "A" Grade office buildings in CBD
* A recent reduction of Frankston office space comprising
7,000sqm due to residential conversion.
* Limited previous office strata opportunity

Therefore the market is in dire need for:
* Up market office accommodation
* Better quality leasing opportunities
* Affordably priced strata offices

Expression of Interest closing 7 May 2008 at 3.00pm

This is a rare opportunity to purchase land with a permit within Frankston's CBD.
This unique development site features:
* Corner profile Nepean Highway site
* Permit for 4 level building with basement car parking
* The office design will create the new office benchmark
for Frankston
* Take part in the anticipated growth in the Frankston
office market whether as a strata opportunity or leasing proposition.
* Potential user for 30% of the building

Delivery of Expression of Interest:- Fax: 9775 1538 or Email: mcrowder@nicholscrowder.com.au or Fax: 9781-5176 or Email:
geoff.crowder@wentworth.com.au

Michael Crowder: 0408 358 9..., mcrowder@nicholscrowder.com.au

Conjunctional Agent:-
Wentworth Crowders Co.
126-128 Young Street, Frankston
Phone: 9781 4889, Geoff Crowder 0418 531 611,
email: geoff.crowder@wentworth.com.au