457-463 Nepean Highway,
Frankston, VIC 3199
Shops & Retail • Development Sites & Land
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Nichols Crowder - Carrum Downs
1 Colemans RdCARRUM DOWNS, VIC 3201
457-463 Nepean Highway
Frankston, VIC 3199
Map of 457-463 Nepean Highway
Train stations within 5 km of 457-463 Nepean Highway, Frankston, VIC 3199 Distance Frankston Station 412 m Leawarra Station 1.8 km Kananook Station 2.7 km Seaford Station 4.4 km POWERED BY HERE ©Bus stops within 5 km of 457-463 Nepean Highway, Frankston, VIC 3199 Distance Nepean Hwy/Playne St (Frankston) 108 m 438 Nepean Hwy 224 m Ross Smith AveNepean Hwy 227 m Playne StYoung St Frankston 242 m Frankston Station/Young St (Frankston) 324 m POWERED BY HERE ©
POWERED BY HERE ©
Double Up Development or Investment Opportunities
Nichols Crowder are proud to exclusively offer for sale these two remarkable adjoining freeholds with three street frontages, located at 457- 463 Nepean Highway, Frankston.
A landmark site totaling some 1,922 sqm* over 4 titles, in the heart of Frankston CAD with passing income and future expansive development height potential of some 41m* (preferred building height - STCA).
Offering astute developers, investors, or owner occupiers the rare opportunity to purchase two properties either individually (457-459 & 461-463) or combined. A true trophy statement awaits the future of this enviable location at the gateway to the Mornington Peninsula.
Key features include:
* Combined frontage to Nepean Highway of 46.51m*
* Over 132m* combined frontage to Nepean Highway and Thompson Lane
* Activity Centre Zoning with a total land area of some 1,922sqm* (combined)
* 457-459 Nepean Highway land area: 1,048sqm*
* 461-463 Nepean Highway land area: 874sqm*
* For developers a preferred building height of 41 metres* (STCA)
* FMAC Precinct 1: City Centre
* Two sizable existing multi-level office/retail buildings returning approximately $254,696 (combined)
* 457-459 Nepean Highway - Gross income $78,838 p.a. + GST with lots of potential to increase
* 461-463 Nepean Highway - Net income $175,858 p.a. + GST fully leased
* Close to approximately $296 million of approved mixed-use developments along Nepean Highway (3 sites)
* Excellent Frankston CAD location less than 100m* from Bayside Shopping Centre and Cinema Complex and only 500m* walk from Frankston Train Station
* Fronting Nepean Highway and within easy access to M3 Freeway, Peninsula Link and all the beautiful Mornington Peninsula offers.
For further information, please contact the exclusive selling agents Jamie Stuart or Linda Ellis.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
A landmark site totaling some 1,922 sqm* over 4 titles, in the heart of Frankston CAD with passing income and future expansive development height potential of some 41m* (preferred building height - STCA).
Offering astute developers, investors, or owner occupiers the rare opportunity to purchase two properties either individually (457-459 & 461-463) or combined. A true trophy statement awaits the future of this enviable location at the gateway to the Mornington Peninsula.
Key features include:
* Combined frontage to Nepean Highway of 46.51m*
* Over 132m* combined frontage to Nepean Highway and Thompson Lane
* Activity Centre Zoning with a total land area of some 1,922sqm* (combined)
* 457-459 Nepean Highway land area: 1,048sqm*
* 461-463 Nepean Highway land area: 874sqm*
* For developers a preferred building height of 41 metres* (STCA)
* FMAC Precinct 1: City Centre
* Two sizable existing multi-level office/retail buildings returning approximately $254,696 (combined)
* 457-459 Nepean Highway - Gross income $78,838 p.a. + GST with lots of potential to increase
* 461-463 Nepean Highway - Net income $175,858 p.a. + GST fully leased
* Close to approximately $296 million of approved mixed-use developments along Nepean Highway (3 sites)
* Excellent Frankston CAD location less than 100m* from Bayside Shopping Centre and Cinema Complex and only 500m* walk from Frankston Train Station
* Fronting Nepean Highway and within easy access to M3 Freeway, Peninsula Link and all the beautiful Mornington Peninsula offers.
For further information, please contact the exclusive selling agents Jamie Stuart or Linda Ellis.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Frankston, 3199 demographic data
37,331
Population
$1,387 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
Nichols Crowder - Carrum Downs1 Colemans Rd
CARRUM DOWNS, VIC 3201
CARRUM DOWNS, VIC 3201
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