CBRE Melbourne Commercial Sales is pleased to offer for sale 510-512 Station Street, Carrum. A permit approved development and retail opportunity in the heart of Carrum’s retail activity centre.

OVERVIEW

+A significant 1,624 square metre triple fronted Commercial 1 Zoned landholding with a combined 79.4 metres of street frontage

+Benefitting from an existing permit for 20 residential dwellings and ground floor retail offerings fronting Station Street

+Three (3) existing retail tenancies including drive-through bottle shop providing steady income stream with significant rental uplift potential through repositioning

+Prominent retail exposure in Carrum’s core Activity Centre with existing customer carparking accessed via Mcleod Road and Village Lane offering a broad range of retail opportunities

LOCATION

+Only 200m* to neighbouring Carrum Beach and Surf Life Saving Club and direct proximity to popular café ‘Freddies Kitchen’ and short distance to Patterson Lakes Shopping Centre

+Excellent public transport connectivity with Carrum Train Station only 100m* away as well as convenient access to major arterial road connections including Mornington Peninsula Highway

+Popular beachside location only 7.5km from Frankston CBD and 45 minutes* drive from Melbourne’s CBD with a median house price of $950,000 growing 21.02% over the last 12 months and unit price of $727,500 and 15.48% growth over the same period

FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING THURSDAY 18TH NOVEMBER AT 2:00PM (AEDT)

For further information please contact the exclusive sales and marketing agents at CBRE:

David Minty
+61 422 564 1...
david.minty@cbre.com.au

Alex Brierley
+61 447 974 4...
alex.brierley@cbre.com.au

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun Heng
+61 411 059 1...
jj.heng@cbre.com.au