Medical | Offices | Development/Land

CBRE Victorian Health, Aged & Child Care are delighted to present for your consideration this outstanding Freestanding Medical opportunity on close to 1 Acre of beachside land, located at 374-378 Nepean Highway, Frankston.

With over 10 years of service to the surrounding community this property is tenanted by two national medical tenants providing exceptional short term income. The site offers strong development upside with the ability the potential for a multi-level development (STCA) giving uninterrupted sea views. The property further boasts the following;

- Corner location with a combined street frontage of over 104m* and 3,405sqm* of land favourably zoned Commercial 1

- Quality existing improvements of 1,281sqm* plus 30 at grade car spaces onsite

- Leased to national brand tenants Psoriasis Eczema Clinic Australia (4 national locations) and CPAP Australia (13 national locations)

- Strong passing income with immediate rental uplift potential

- Within walking distance to one of Victoria's most popular beaches (220m*), the Bayside Shopping Centre (500m*) and Frankston Train Station (750m*)

For further information please contact the exclusive sales agents below:

Josh Twelftree
+61 452 524 985

Scott Orchard
+61 425 760 712

Sandro Peluso
+61 418 389 757

*approx