LONGSTANDING FREEHOLD MEDICAL INVESTMENT PROPERTY WITH SIGNIFICANT DEVELOPMENT POTENTIAL ON CLOSE TO 1 ACRE OF BEACHSIDE LAND CBRE Victorian Health, Aged & Child Care are delighted to present for your consideration this outstanding Freestanding Medical opportunity on close to 1 Acre of beachside land, located at 374-378 Nepean Highway, Frankston.
With over 10 years of service to the surrounding community this property is tenanted by two national medical tenants providing exceptional short term income. The site offers strong development upside with the ability the potential for a multi-level development (STCA) giving uninterrupted sea views. The property further boasts the following;
Prime Development Site Sale by Expressions of interest.
This exceptional development opportunity has easy access to Eastlink. Advertise your business from the site, as the rear of the block faces on to the Wells Rd freeway with 15000 to 20000 cars passing each day. The large land area of 7930 M2 zoned 1 Industrial has great potential for further development
The existing 900 M2 factory has a large 3 phase power supply, 2 tonne monorail crane, and a large covered loading bay. 5M ceiling height. The building could be leased out for between $50K~$60K per annum
The vacant land is used for truck parking at present...
Substantial Land Offering CVA Property Consultants is proud to offer for sale this substantial land parcel located within a future growth area of Langwarrin.
Located on McClelland Drive, the property is surrounded by residential, Commercial and Community Service based developments such as The Peninsula Private Hospital, Karingal Hub Shopping Centre, The Log Cabin Caravan Park and The Elisabeth Murdoch Collage.
RARELY FOUND! Very unique opportunity. This property has been granted an "existing use rights" permit which allows this property to be used as a storage facility subject to certain conditions (for a copy of those conditions contact our office).
Building area: 1950m2 Land area: 1 HA Zoned: Low Density Residential