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Sold on 13 Oct 2020

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

Contact Savills Agents

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Property Highlights

Property ID2016109829
Date Sold13 Oct 2020
Floor Area350 m²
Land Area2,002 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Map for 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199
Map for 78-80 Beach Street & 31 Kelso Street Frankston VIC 319978-80 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*

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.

Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Property Highlights

Property ID2016109829
Date Sold13 Oct 2020
Floor Area350 m²
Land Area2,002 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  16 Jun 2021
Savills Melbourne
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000
Benson Zhou
Savills Melbourne
Benson Zhou
Savills Melbourne
Julian Heatherich
Savills Melbourne
Julian Heatherich
Savills Melbourne
Mark Stafford
Savills Melbourne
Mark Stafford
Savills Melbourne

Ask Benson Zhou about this property

Benson Zhou

Benson Zhou

Savills Melbourne

Julian Heatherich

Julian Heatherich

Savills Melbourne

Mark Stafford

Mark Stafford

Savills Melbourne

0458 *** ***
0458 488 888

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