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

Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	13 Oct 2020
Floor Area	350 m²
Land Area	2,002 m²
Parking	On site parking available
Property ID	2016109829
Category	Development / Land Offices
Last updated	16 Jun 2021

Map for 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199

Nearest transport* to 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199

Bus

Train

Stanley St/Beach St (Frankston)	111 m
Rex St/Beach St (Frankston)	132 m
Beach St/Stanley St (Frankston)	171 m
Chisholm Institute Of TAFE/Beach St (Frankston)	196 m

*Within a 4km radius

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Savills Melbourne

Level 29, South Tower, 80 Collins Street,

Melbourne, VIC 3000

Property Highlights

Date Sold	13 Oct 2020
Floor Area	350 m²
Land Area	2,002 m²
Parking	On site parking available
Property ID	2016109829
Category	Development / Land Offices
Last updated	16 Jun 2021

Co-Agents

Benson Zhou

Savills Melbourne

Call

0458 488 888

Julian Heatherich

Savills Melbourne

Call

0412 995 655

More about 78-80 Beach Street & 31 Kelso Street Frankston VIC 3199

78-80 Beach Street & 31 Kelso Street Frankston VIC 3199 is categorized as Land & Development Property. It has a floor area of 350 m² and a land area of 2,002 m². The listing ID for this property is 2016109829.