474-478 Nepean Highway,
Frankston, VIC 3199
Offices • Shops & Retail • Development Sites & Land
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Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong RdCHADSTONE, VIC 3148
474-478 Nepean Highway
Frankston, VIC 3199
Map of 474-478 Nepean Highway
Prime Bayside Investment
- Fully leased retail asset
- Freehold investment in Frankston
- Anchored by MLC Advice & O’Brien RE
Colliers International is pleased to offer 474-478 Nepean Highway, Frankston For Private Sale.
This represents an exciting opportunity to acquire a fully leased, freehold office investment strategically positioned with in the heart of Frankston with significant frontage to Nepean Highway. Anchored by MLC Advice and O’Brien Real Estate, this investment benefits from a secure and passive income stream derived from five tenants across six suites.
The perfect position provides access to an abundance of retail, lifestyle, transport and education amenity all while being a mere 250m from the Frankston Foreshore. Future development potential is aided by the assets inclusion in the ‘Frankston Activity Centre’ accommodating for height of up to 38m (STCA).
Key investment highlights are as follows -
- 1,140m² (approx.) of building area across two levels, situated on a substantial 653m² land allotment
- Fully leased to five tenants across six suites
- Strategically located in the heart of Frankston’s bayside retail core
- Favourable Comprehensive Development Zoning and 38m storey height allowance offers clarity in planning as well as future development upside
- 11 secure, undercover car parks accessible via rear laneway
*Approx.
This represents an exciting opportunity to acquire a fully leased, freehold office investment strategically positioned with in the heart of Frankston with significant frontage to Nepean Highway. Anchored by MLC Advice and O’Brien Real Estate, this investment benefits from a secure and passive income stream derived from five tenants across six suites.
The perfect position provides access to an abundance of retail, lifestyle, transport and education amenity all while being a mere 250m from the Frankston Foreshore. Future development potential is aided by the assets inclusion in the ‘Frankston Activity Centre’ accommodating for height of up to 38m (STCA).
Key investment highlights are as follows -
- 1,140m² (approx.) of building area across two levels, situated on a substantial 653m² land allotment
- Fully leased to five tenants across six suites
- Strategically located in the heart of Frankston’s bayside retail core
- Favourable Comprehensive Development Zoning and 38m storey height allowance offers clarity in planning as well as future development upside
- 11 secure, undercover car parks accessible via rear laneway
*Approx.
Property ID: 502823058Last Updated: 2 Oct 2018
Colliers - Melbourne EastLevel 7, Chadstone Tower One 1341 Dandenong Rd
CHADSTONE, VIC 3148
CHADSTONE, VIC 3148
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