5-7 Keys StreetFrankston

Savills is delighted to offer for sale 5-7 Keys Street, Frankston located opposite Bayside Shopping Centre with scope for a significant development project.

This strategically located parcel is ripe for redevelopment. Meters from the beach, the site is perfect for a variety of uses including ice cream shop, bar, boutique hostel, take-away shop, office, residences, the list goes on! (STCA) Being sold on behalf of Frankston City Council.

Key attributes of the property include:

• 394sqm* corner holding
• Frontages to Keys Street and Wells Lane totalling 44 metres*
• Commercial 1 Zone (C1Z)
• Within Frankston Metropolitan Activity Centre’s Precinct 1: City Centre
• Extensive development outcomes with preferred building height of 41 metres* and potential ocean views (STCA)
• Currently improved by a single level building suitable for office or retail
• Within a major retail precinct opposite Bayside Shopping Centre
• Convenient walking distance to Frankston Beach and Frankston Train Station

*Approximate

For Sale by Expressions of Interest Closing Wednesday 27 November at 2pm.

For further information please contact:
Tanya Su - 0430 302 950
James Latos - 0422 604 900