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431 Nepean Highway
Frankston VIC 3199
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431 Nepean Highway Frankston VIC 3199

  • Shop & Retail
  • 5,567 m²
  • For Sale, $8,900,000 (excl. GST)

The Sky's the Limit | Invest or Develop

    Nichols Crowder is delighted to offer 431 Nepean Highway, Frankston to the market by private sale.

    Leases expire 18th October 2025 with no options.

    'Chatsworth House', a multi-tenanted investment with 84% occupied by Government departments.

    This three level office building commandingly sits in the heart of Frankston CBD with views across to the bay from the top level.

    A significant site of some 2,110sqm* with 30m* of frontage to both Nepean Highway and Keys Street at the rear.

    Adjoining Dan Murphy's and positioned directly opposite Bayside Shopping Centre, which is anchored by Coles, Woolworths, Kmart, Aldi, TK Max and Target, the property provides all the amenity at your doorstep.

    Key features include:

    * Total building area (over 3 levels): 5,567sqm*
    * Total land area: 2,110sqm*
    * 47 basement car park spaces
    * Potential rent income: $1,000,000 p.a.*
    * Freehold title with 30m* frontages to Nepean Highway and Keys Street
    * 84% leased to Government tenants
    * Favourable Commercial 1 Zoning
    * Terms of sale 10% balance settlement 30/60/90 days
    * Vendor terms available 30% deposit, balance over 5 years @ 8% interest

    For further information or to arrange an inspection, please contact:

    Linda Ellis 0400 480 397
    James Dodge 0488 586 896
    Jamie Stuart 0412 565 562

    PLEASE NOTE:

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    Property Highlights

    Floor Area5,567 m²
    Land Area2,110 m²
    EnergyAsk Agent
    Parking47 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018364984
    Category
    Last updated  24 Jan 2024
    Map for 431 Nepean Highway Frankston VIC 3199

    Property Highlights

    Floor Area5,567 m²
    Land Area2,110 m²
    EnergyAsk Agent
    Parking47 x Onsite parkings
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018364984
    Category
    Last updated  24 Jan 2024

    Co-Agents

    Linda Ellis
    Nichols Crowder - Carrum Downs
    Call
    0400 480 397
    James Dodge
    Nichols Crowder - Carrum Downs
    Call
    0488 586 896
    Jamie Stuart
    Nichols Crowder - Carrum Downs
    Call
    0412 565 562

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