I’M PACKED WITH POTENTIAL.
HIGHWAY
Aston are delighted to present 475-479 Nepean Highway, Frankston for sale. This superb freehold property is ripe for development or owner-occupation given its imposing stature within the sought-after Nepean Highway thoroughfare. Positioned prominently within a precinct that is set to undergo enormous transformation, this is the ideal time to purchase a strategic freehold asset that is certain to experience significant capital gains for years to come. The sky’s the limit.
1,463 m2* BUILDING AREA
LAND AREA
737 m2*
10% deposit with the balance payable in 30/60/90 days TERMS OF SALE
For sale by expressions of interest closing Wednesday 4th September at 3pm
20.3m* FRONTAGE
FRANKSTON ACTIVITY CENTRE STRUCTURE PLAN
With Melbourne’s population predicted to double by 2050, Frankston has been identified as a key Metropolitan Activity Centre to support commercial and residential growth. This means we have a golden opportunity to create a thriving hub of employment, investment and entertainment. This change is already underway, with new businesses setting up in Frankston’s CBD and a nationally recognized arts and tourism sector with all governments investing significantly in healthcare, transport and education.
Frankston Activity Centre Structure Plan
475-479 Nepean Highway, Frankston sits within ‘Precinct 4C’ on the Frankston Metropolitan Activity Centre Structure Plan.
Precinct 4C
Precinct 4C allows for a preferred building height of 41m (12 storeys)
41m (12 STOREYS)
FRANKSTON 3199
Frankston is a vibrant urban centre bustling with activity and charm. Boasting a diverse array of shops, cafes, restaurants and cultural attractions, it serves as a focal point for both locals and visitors alike. The Frankston commercial precinct’s lively atmosphere is complemented by its scenic surroundings, with picturesque views of the nearby coastline adding to its allure. Frankston CBD offers a dynamic mix of entertainment, shopping and dining experiences, making it a sought-after destination for those seeking a blend of urban convenience and coastal beauty.
FRANKSTON
Frankston City
FRANKSTON
36,097
142,826
11.4% 19.3% HEALTH
10.1% EDUCATION
9.3%
I’M POPULAR. MY KNOW HOW TO DRAW
MY NEIGHBOURS DRAW A CROWD.
I’M MIGHTY.
LAND
AREA OF 737 m 2*
475-479 Nepean Highway, Frankston presents as a triple-fronted, two-level building with an imposing 20.3m frontage to one of the Peninsula’s major arterial roads. Offering unique potential for a multi-tenanted commercial investment, part or full owner-occupier opportunity and high rise mixed-use development the property offers ultimate flexibility and versatility.
20.3m* street frontage
Imposing frontage to Nepean Highway
Frankston set to undergo enormous transformation due to the Frankston Activity Centre Structure Plan
INVEST, OCCUPY OR DEVELOP
Offered with vacant possession
Proposed to change to Activity Centre Zone COMMERCIAL 1 ZONING
WHAT, WHEN & HOW?
For Sale by Expressions of Interest closing Wednesday 4th September at 3pm
Terms: 10% deposit with the balance payable in 30/60 days
Payment of Deposit Options:
1. Cheque – Personal or Bank payable to Aston Commercial Sales Trust Account
2. Macquarie Direct Debit Pay via secure portal link
DISCLAIMER
“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.
*Approximate