78-80 Beach Street & 31 Kelso Street Frankston VIC 3199
Development / Land
2,002 m²
Sold
High Profile Corner With Significant Upside
High Profile Activity Centre Corner
Flexible Short Term Tenancy
Exceptional Bayside Opportunity
Savills is delighted to offer for sale this exceptional opportunity located at 78-80 Beach Street and 31 Kelso Street, Frankston. Located within Frankston's bourgeoning Activity Centre, the property presents a fantastic opportunity for developers, investors, owner occupiers and land bankers.
The key attributes of this outstanding property are as follows:
- High exposure corner site of 2,002sq m* - Short-term lease returning $70,736 per annum* plus GST and outgoings - Residential Growth Zone 1 - Highly flexible site primed for townhouse, student accommodation, medical or child care development (STCA) - Exceptional bayside location within immediate proximity to the Bayside Shopping Centre, Frankston hospital precinct and Monash University - Convenient access to the CBD from nearby Frankston Station and major roadways - Premium bayside opportunity in the thriving Frankston Activity Centre
Map for 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199
Map for 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199
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Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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