Share this property

realcommercial.com.au
Nichols Crowder - Carrum Downs

431 Nepean Highway Frankston, VIC 3199

Directions

431 Nepean Highway,
Frankston, VIC 3199

Shops & Retail • Development Sites & Land • Offices

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Car spaces

Tenure type

Sold on

Nichols Crowder - Carrum Downs
Linda Ellis
James Dodge
Jamie Stuart

Nichols Crowder - Carrum Downs

1 Colemans Rd
CARRUM DOWNS, VIC 3201
Nichols Crowder - Carrum Downs
431 Nepean Highway
Frankston, VIC 3199

Map of 431 Nepean Highway

Directions

The Sky's the Limit | Invest or Develop

Nichols Crowder is delighted to offer 431 Nepean Highway, Frankston to the market by private sale.

Leases expire 18th October 2025 with no options.

'Chatsworth House', a multi-tenanted investment with 84% occupied by Government departments.

This three level office building commandingly sits in the heart of Frankston CBD with views across to the bay from the top level.

A significant site of some 2,110sqm* with 30m* of frontage to both Nepean Highway and Keys Street at the rear.

Adjoining Dan Murphy's and positioned directly opposite Bayside Shopping Centre, which is anchored by Coles, Woolworths, Kmart, Aldi, TK Max and Target, the property provides all the amenity at your doorstep.

Key features include:

* Total building area (over 3 levels): 5,567sqm*
* Total land area: 2,110sqm*
* 47 basement car park spaces
* Potential rent income: $1,000,000 p.a.*
* Freehold title with 30m* frontages to Nepean Highway and Keys Street
* 84% leased to Government tenants
* Favourable Commercial 1 Zoning
* Terms of sale 10% balance settlement 30/60/90 days
* Vendor terms available 30% deposit, balance over 5 years @ 8% interest


For further information or to arrange an inspection, please contact the listing agents:

Linda Ellis – 0400 480 3...
James Dodge – 0488 586 8...
Jamie Stuart – 0412 565 5...

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Explore property virtually

Video

Property ID: 504259452Last Updated: 9 Sep 2024

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Nichols Crowder - Carrum Downs

Other properties you might be interested in based on the location and property type you are looking at.