366-368 Nepean Highway, Frankston, VIC 3199

Development/Land | Retail

Sold

  • Property ID: 328866
  • Floor Area: 319m²
  • Land Area: 1826m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
  • Nearby Parking: Private
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold N/A 319m2 1826m2 Contact Agent
Prominent Mixed Use Zoned Property !

Prominently positioned on Nepean Highway in the heart of Frankston is this tremendous property comprises 1,826m2of land with current improvements totaling 319m2* overlooking Kananook Creek.

With a Mixed Use Zone this property provides fantastic opportunity for future residential or mixed use development (STCA).

An impressive 25 metres* Nepean Highway frontage provides for terrific exposure and a tranquil rear outlook.

Situated less than 600 metres to Beach Street and less than 200 metres to Frankston Beach, 1.4km to Bayside Shopping Centre which anchors major retailers such as Myer, Kmart, Target, Aldi, Coles and Woolworths.

Public Transport is available via Buses along Nepean Highway only 130metre away and 1.6km to Frankston Station.

Property features:
- Land area: 1,826m2*
- Restaurant area: 192m2* (Restaurant)
- Gallery area: 127m2* (Gallery)
- Fully functional restaurant with an outstanding reputation
- 28 onsite car spaces
- Mixed Use Zone
- In excess of 36,000 cars passing daily
- Mixed Use development opportunity
- Business as usual for The Boathouse Cafe and Original Oz Art Gallery

For further information or to arrange an inspection, pl;ease contact CVA Property Consultants.


*Approx
Pricing excludes GST.

Additional Information
Features
  • Availability: 30/60/90 Days
  • Zoning: Commercial 1 Zone
  • Suitable Development: Residential / Commercial
  • Permits Issued: Nil
  • Lease Term: NA
  • Rent Review: NA
  • Car Spaces: 28
  • Condition: Excellent
  • Air Conditioning: Yes
  • Roller Doors: N/A
  • Floors: Carpet, wood
  • Lifts: N/A
  • Age: Circa 15 years
  • Car Parking Fees: Nil
Outgoings
  • Water Rates: TBC
  • Land Tax: TBC
  • Council Rates: TBC
  • Owners Corp. / Insurance: N/A
  • Other Charges: TBC
Frankston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2495 --- ---
Offices --- $617 ---
Retail $5907 $200 3.38%
This is the average advertised price, rent and yield for Frankston, VIC 3199*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 366-368 Nepean Highway, Frankston, VIC 3199. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 366-368 Nepean Highway, Frankston, VIC 3199. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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