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Gorman Commercial Real Estate

41-45 McMahons Road Frankston, VIC 3199

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41-45 McMahons Road,
Frankston, VIC 3199

Shops & Retail • Development Sites & Land
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Zoning

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Expression of Interest

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Gorman Commercial Real Estate
Jonathon McCormack
Dean Alexander

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
41-45 McMahons Road
Frankston, VIC 3199

Map of 41-45 McMahons Road

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  • Train stations within 5 km of 41-45 McMahons Road, Frankston, VIC 3199Distance
    Leawarra Station545 m
    Frankston Station997 m
    Kananook Station3 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 41-45 McMahons Road, Frankston, VIC 3199Distance
    Monash UniversityMcMahons Rd303 m
    Lawrey St/Cranbourne Rd (Frankston)348 m
    Frankston Hospital Gate 1/Hastings Rd (Frankston)360 m
    James St/Cranbourne Rd (Frankston)381 m
    Frankston Hospital/11 Hastings Rd (Frankston)426 m
    POWERED BY HERE ©
POWERED BY HERE ©

LAND RICH MAIN ROAD INVESTMENT WITH TWO INCOME STREAMS

  • Combined Income: $346,311.77 pa + GST
  • Two long-term leases + options
  • Land Area: 3,435 sqm
Gorman Commercial is pleased to offer 41-45 McMahons Road, (cnr Goverment Road) Frankston for sale by Expressions of Interest closing Thursday 12th March at 2pm.

Rare opportunity to acquire a prominent Frankston service station benefiting from strong passing traffic, main road exposure and a thriving surrounding retail environment.

Key Features Include:

* Comprising EG/Ampol branded Service Station and a Drive-through takeaway
* Combined net income of $346,311.77 pa + GST & outgoings
* Two long-term leases with options in place
* Land area of 3,435 sqm*
* Combined Building area of 670 sqm*
* Zoning Mixed Use (MUZ)

Located on a highly prominent corner site at the end of the Frankston
Freeway, immediately adjoining the Cranbourne Road intersection.

Frankston, 3199 demographic data

The median household income for Frankston is $1,387, 27% lower than Greater Melbourne's household income of $1,901. Frankston has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 55% of property owners in Frankston have a mortgage.

37,331
Population
$1,387 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households