Aston are pleased to present 24 Beach Street, Frankston for Immediate Private Sale.

This prime Commercial 1 Zoned freehold property is strategically positioned directly adjoining the entrance to the popular Bayside Shopping Centre in a highly sought after location and is ready to occupy or develop.

The features:

• Total land area of 498m²*
• Total building area of 424m²*
• Substantial double frontage of 12.2m*
• Prominently positioned next to Vicinity Bayside
• Open-plan layout suitable for a variety of uses
• Rear access with loading zone & on-site parking
• Aussie Disposals have been in occupation for 51 years
• Short-term holding income of $7,291 pcm* + GST + Outgoings
• Favourable Commercial 1 Zoning allowing a range of mixed use development outcomes
• Occupy, invest or develop (STCA)
• Potential to subdivide into 2 shops
• Little vacancy within the Beach Street strip
• Excellent access to major arterials & public transport
• Proposed building height of 16-storey (54 metres*)

Frankston is undergoing a significant transformation with the council currently proposing the Frankston Activity Centre Structure Plan which allows for far more favourable development outcomes within the precinct.

This is a rare opportunity to secure a prime freehold building in the heart of Frankston's CBD immediately adjacent to the Vicinity Shopping Centre and surrounded by major retailers with the potential for significant development upside.

For a confidential discussion or to arrange a private inspection, please contact the exclusive marketing agents.

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