379-381 Nepean Highway, Frankston | Property for sale | Savills
1,464 sq m
Price on application

379-381 Nepean HighwayFrankston


    Key features

    • 1,464sqm* corner landholding
    • Holding income of $125,712 p.a
    • Flexible Mixed Use Zone

    Significant Corner Freehold with Development Upside

    About this property

    • 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 302 950
      Beau Bakhtani - 0412 159 038
      Benson Zhou - 0458 488 888

    Available space

    LevelTenancySale TypePriceAreaSqmStatus
    n aPrivate Treaty1464.00sq mAvailable