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345 Nepean Highway, Frankston, VIC 3199

2. Property Highlights

RECEIVERS SALE - 1,304SQM* Bayside Mixed Use Zoned Corner Development Site
  • Permit for 25 Apartments
  • Mixed Use Zone
  • Pre-Sales Included

Stonebridge Property Group is pleased to offer for sale 345 Nepean Highway, Frankston, under instruction from Receivers and Managers, KordaMentha.

- 1,304sqm* Mixed Use Zoned development site

- Corner positioning with a total frontage of 23m* to Nepean Highway and 61m* to Mereweather Avenue

- Development ready with permit approved for 25 apartments and one (1) ground floor retail shop over four (4) levels

- Basement construction commenced

- Pre-sales included

- High amenity position with Bayside Central Shopping Centre only 480m* (home to Kmart, Woolworths, Chemist Warehouse, Coles and many more)

- Frankston Train Station only 860m* providing direct access to the Melbourne CBD

- Outstanding lifestyle amenity location with Frankston Beach only 270m*

- Bay views from the completed project

- Expected 17.29% population growth via Frankston City Council^, which will create demand for more residential development

*Approximately

^Source: Frankston City Council forecast from 2016-2041

345 Nepean Highway, Frankston is for sale via Online Auction Thursday 10th June 2021 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive marketing and selling agents Stonebridge Property Group.

Julian White

0422 764 137

Chao Zhang

0411 625 068

Max Warren

0488 296 892

Property Code: 252

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3. Property Location

345 Nepean Highway, Frankston, VIC 3199

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4. Due Diligence

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  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity