Skip to main content
SearchBack to results
Sold on 11 Sep 2017

438 Nepean Highway Frankston VIC 3199

  • Offices
  • 3,718 m²
  • Sold

STRATEGIC COMMERCIAL INVESTMENT OPPORTUNITY

  • Brand new 8 year lease + options
  • High profile frontages of 69m*
  • 100% leased to national operator

CBRE Melbourne Middle Markets are pleased to present 438 Nepean Highway, Frankston to the market, offered for sale via expressions of interest closing Wednesday 23rd August at 5:00pm.

We highlight some key points below:

- Commercial investment opportunity with Central Frankston CBD activity centre location

- High profile frontages of 69m* to both Nepean Highway and Kananook Creek Boulevard

- Flexible building of 3,718sqm* with 92 secure undercover car parks

- 100% leased to national education operator Pragmatic Training Pty Ltd

- New 8 year lease + options

- Current income $1,069,056p.a* plus GST as at 1st July 2017 with fixed 3% annual increases

- Permit approval for building extension for 120 place Childcare facility and training areas

- Currently configured as education facility including office, studio, training and auditorium areas with creek and bay outlooks

- Recent refurbishments and capital expenditure, providing attractive depreciation benefits

- Large underlying land area of 3,284sqm*

- Close to vast amenity including Bayside Shopping Centre (150m*), Frankston Train Station (430m*) and bus networks, Frankston Beach/Waterfront and recreation attractions

- Linkages to major road networks connecting Melbourne CBD and famed Mornington Peninsula and tourist region

*approx

Scott Orchard
+ 61 425 760 712

Sandro Peluso
+ 61 418 389 757

Nathan Mufale
+61 416 789 218

Lewis Tong
+61 421 870 833

Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne

Property Highlights

Property ID2013744546
Date Sold11 Sep 2017
Floor Area3,718 m²
Land Area3,284 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
Map for 438 Nepean Highway Frankston VIC 3199
Map for 438 Nepean Highway Frankston VIC 3199438 Nepean Highway Frankston VIC 3199
  • Commercial loan calculator
  • powered by

Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.

  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne

Property Highlights

Property ID2013744546
Date Sold11 Sep 2017
Floor Area3,718 m²
Land Area3,284 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000
Scott Orchard
CBRE Melbourne
Scott Orchard
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Sandro Peluso
CBRE Melbourne
Nathan Mufale
CBRE Melbourne
Nathan Mufale
CBRE Melbourne

Ask Scott Orchard about this property

Scott Orchard

Scott Orchard

CBRE Melbourne

Sandro Peluso

Sandro Peluso

CBRE Melbourne

Nathan Mufale

Nathan Mufale

CBRE Melbourne

+61 *** ***
+61 425 760 712

More Offices for Sale in Frankston VIC

78-80 Beach Street & 31 Kelso Street Frankston VIC 3199
Sold
78-80 beach street & 31 kelso street,frankston, VIC 3199
350 m²
Offices
36 Playne Street Frankston VIC 3199
Sold
36 playne street,frankston, VIC 3199
522 m²
Offices
78-80 Beach Street Frankston VIC 3199
Sold
78-80 beach street,frankston, VIC 3199
251 m²
Offices
Contact Agent