307 Nepean Highway, Frankston, VIC 3199

Offices | Medical | Development/Land

Sold $500,000

  • Property ID: 434304
  • Floor Area: 697m²
  • Land Area: 697m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 21/08/2023 697m2 697m2 N/A
Highly Flexible Landholding Suiting Occupation or Development in Frankston Medical Precinct

Stonebridge Property Group is pleased to present 307 Nepean Highway, Frankston for sale via Public On-Site Auction. The property is a highly flexible 697 sqm* landholding zoned Mixed Use (MUZ) within the Frankston Activity Centre.

The property is well supported by a vibrant surrounding medical and business precinct which suits owner occupiers, office, medical and / or development.

The key highlights of the opportunity include:

- Existing improvements comprise a medical / office building with 9 on-site car parks centrally located in highly active health and wellness precinct

- Suits doctors, dentists, physiotherapists, vets and other medical uses (STCA)

- Rectangular 697 sqm* landholding zoned Mixed Use (MUZ) boasting 18 m* frontage to Nepean Highway

- Immediate vicinity to Frankston Hospital (2 km*), Frankston Medical Centre (1.75 km*), Lifecare Frankston Physiotherapy (250 m*) and Profile Dental Laboratory (400 m*)

- Located within the Frankston Activity Centre providing a direct gateway to the Frankston City Centre

- In close proximity to Frankston retail amenity namely, Bayside Centre (900 m*) comprising of Woolworths, Coles, Chemist Warehouse and Kmart, Officeworks (450 m*) and adjoining Core 24 Health and Fitness Club

- Immediate access to transport including Frankston Train Station (1.3 km*), Eastlink Freeway (650 m*), and several nearby bus routes (100 m*) plus large selection of lifestyle amenity including Frankston Beach (250 m*), Peninsula Kingswood Country Golf Club (1 km*) and Peninsula Aquatic Recreation Centre (1.5 km*)

Weekly on-site inspections will be held at the property:

- Thursday 27th July at 12:30pm

- Thursday 3rd August at 12:30pm

- Thursday 10th August at 12:30pm

- Thursday 17th August at 12:30pm

307 Nepean Highway, Frankston is for sale by Public On-site Auction Thursday 24th August 2023 at 12:30PM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Jacob Biviano
0416 088 586

Max Warren
0488 296 892

Shawn Luo ??
0412 338 918

*Approximately

Property Code: 686

Frankston Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $2495 --- ---
Offices --- $617 ---
Retail $5459 $276 5.06%
This is the average advertised price, rent and yield for Frankston, VIC 3199*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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