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DESCRIPTION:MAJOR FRANKSTON CBD CORNER WITH ENORMOUS UPSIDE\nFitzroys is p
 rivileged to present 439-447 Nepean Highway & 82-88 Wells Street\, Franks
 ton for sale by Expressions of Interest closing Wednesday 10th June at 3p
 m. \n\nThis is a landmark opportunity offering exceptional size and scale
  to invest\, land bank or develop in the core of one of Melbourne's key a
 ctivity centres. \n\nHighlights of this offering include: \n\n- Commandin
 g corner position within the absolute heart of the rapidly evolving Frank
 ston Activity Centre\, metres from an array of retail\, lifestyle and rec
 reational amenities\n\n- Significant triple fronted landholding of 2\,198
 sqm* across 4 titles \n\n- Huge combined frontage of over 140 metres to N
 epean Highway\, Wells Street and Wells Lane \n\n- Total building area of 
 2\,975sqm* across 4 buildings\, with rear access and on site parking \n\n
 - Diversified passing income of $532\,381* per annum + GST (as of Septemb
 er 2026) from 10 separate tenancies \n\n- Highly desirable Activity Centr
 e Zone 1 (ACZ1) with a preferred building height of 41 metres (12 storeys
 )\, offering outstanding development upside with scope for a range of mul
 ti-level outcomes (STCA) \n\n- Surrounded by several recently approved de
 velopment sites of 14+ levels including 'Harbour' by Urban DC and 'Solene
 ' by PACE \n\n- High profile position\, with immediate access to a range 
 of amenity including Bayside Shopping Centre (60m*)\, Frankston Beach (20
 0m*)\, Frankston Train Station (400m*)\, Peninsula Aquatic Recreation Cen
 tre (550m*)\, Frankston Hospital (900m*) and more \n\n- Excellent connect
 ivity to major arterials\, providing direct access to the Mornington Peni
 nsula and Melbourne's CBD \n\nFor further information or to arrange an in
 spection\, please contact the exclusive selling agents:\n\nChris Kombi\n0
 438 156 236\n\nTom Fisher\n0417 980 824\n\nBen Liu\nBen Liu\nbenki0218\nW
 hatsApp\n\n*Approx.
DTEND:20260610T150000
DTSTAMP:20260506T113542Z
DTSTART:20260610T150000
SEQUENCE:0
SUMMARY:Expression Of Interest: 439-447 Nepean Highway & 82-88 Wells Stree
 t\, Frankston VIC
UID:CRE-2020821267-EOI
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>MAJOR FRANKSTON CBD CORNER WITH ENO
 RMOUS UPSIDE <br/> Fitzroys is privileged to present 439-447 Nepean Highw
 ay & 82-88 Wells Street\, Frankston for sale by Expressions of Interest c
 losing Wednesday 10th June at 3pm.  <br/>  <br/> This is a landmark oppor
 tunity offering exceptional size and scale to invest\, land bank or devel
 op in the core of one of Melbourne's key activity centres.  <br/>  <br/> 
 Highlights of this offering include:  <br/>  <br/> - Commanding corner po
 sition within the absolute heart of the rapidly evolving Frankston Activi
 ty Centre\, metres from an array of retail\, lifestyle and recreational a
 menities <br/>  <br/> - Significant triple fronted landholding of 2\,198s
 qm* across 4 titles  <br/>  <br/> - Huge combined frontage of over 140 me
 tres to Nepean Highway\, Wells Street and Wells Lane  <br/>  <br/> - Tota
 l building area of 2\,975sqm* across 4 buildings\, with rear access and o
 n site parking  <br/>  <br/> - Diversified passing income of $532\,381* p
 er annum + GST (as of September 2026) from 10 separate tenancies  <br/>  
 <br/> - Highly desirable Activity Centre Zone 1 (ACZ1) with a preferred b
 uilding height of 41 metres (12 storeys)\, offering outstanding developme
 nt upside with scope for a range of multi-level outcomes (STCA)  <br/>  <
 br/> - Surrounded by several recently approved development sites of 14+ l
 evels including 'Harbour' by Urban DC and 'Solene' by PACE  <br/>  <br/> 
 - High profile position\, with immediate access to a range of amenity inc
 luding Bayside Shopping Centre (60m*)\, Frankston Beach (200m*)\, Frankst
 on Train Station (400m*)\, Peninsula Aquatic Recreation Centre (550m*)\, 
 Frankston Hospital (900m*) and more  <br/>  <br/> - Excellent connectivit
 y to major arterials\, providing direct access to the Mornington Peninsul
 a and Melbourne's CBD  <br/>  <br/> For further information or to arrange
  an inspection\, please contact the exclusive selling agents: <br/>  <br/
 > Chris Kombi <br/> 0438 156 236 <br/>  <br/> Tom Fisher <br/> 0417 980 8
 24 <br/>  <br/> Ben Liu <br/> Ben Liu <br/> benki0218 <br/> WhatsApp <br/
 >  <br/> *Approx.</P></body></html>
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