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439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

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439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

Frankston

SOLD
439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

Properties / Sold / Victoria / Frankston
Development Potential
Property Type
Commercial
Sub Type
Office, Other, Retail/Shopping Centre
Land Area
2,975 m² (*approx)
Zoning
Activity Centre
LGA
Frankston City
Selling Method
EOI: Contact Agents
EOI Closing Date
10 Jun 2026 02:00PM
Show All
FRANKSTON CBD SUPER SITE: LOCATION, INCOME & DEVELOPMENT UPSIDE
  • Triple Fronted Landholding of 2,198sqm*
  • Absolute Prime CBD Location
  • Strong Passing Rental of $532,381 pa*

Fitzroys is privileged to present 439-447 Nepean Highway & 82-88 Wells Street, Frankston for sale by Expressions of Interest closing Wednesday 10th June at 2pm.

This is a landmark opportunity offering exceptional size and scale to invest, land bank or develop in the core of one of Melbourne’s key activity centres.

Highlights of this offering include:

- Commanding corner position within the absolute heart of the rapidly evolving Frankston Activity Centre, metres from an array of retail, lifestyle and recreational amenities

- Significant triple fronted landholding of 2,198sqm* across 4 titles

- Huge combined frontage of over 140 metres to Nepean Highway, Wells Street and Wells Lane

- Total building area of 2,975sqm* across 4 buildings, with rear access and on site parking

- Diversified passing income of $532,381* per annum + GST (as of September 2026) from 10 separate tenancies

- Highly desirable Activity Centre Zone 1 (ACZ1) with a preferred building height of 41 metres (12 storeys), offering outstanding development upside with scope for a range of multi-level outcomes (STCA)

- Surrounded by several recently approved development sites of 14+ levels including ‘Harbour’ by Urban DC and ‘Solene’ by PACE

- High profile position, with immediate access to a range of amenity including Bayside Shopping Centre (60m*), Frankston Beach (200m*), Frankston Train Station (400m*), Peninsula Aquatic Recreation Centre (550m*), Frankston Hospital (900m*) and more

- Excellent connectivity to major arterials, providing direct access to the Mornington Peninsula and Melbourne’s CBD

For further information or to arrange an inspection, please contact the exclusive selling agents:

Chris Kombi

0438 156 236

Tom Fisher

0417 980 824

Ben Liu

如您需要中文咨询,请联系我们亚洲事务部主管Ben Liu刘犇

微信号:benki0218

WhatsApp(与手机同号)

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

439-447 Nepean Highway & 82-88 Wells Street Development Site Summary

Property Type
Commercial
Sub-type
Office, Other, Retail/Shopping Centre
Land Area
2,975 m² (*approx)
Activity Centre
Frankston City
Selling method
EOI: Contact Agents
EOI Closing Date
10 Jun 2026 02:00PM

Development Site Highlights

FRANKSTON CBD SUPER SITE: LOCATION, INCOME & DEVELOPMENT UPSIDE
  • Triple Fronted Landholding of 2,198sqm*
  • Absolute Prime CBD Location
  • Strong Passing Rental of $532,381 pa*

Fitzroys is privileged to present 439-447 Nepean Highway & 82-88 Wells Street, Frankston for sale by Expressions of Interest closing Wednesday 10th June at 2pm.

This is a landmark opportunity offering exceptional size and scale to invest, land bank or develop in the core of one of Melbourne’s key activity centres.

Highlights of this offering include:

- Commanding corner position within the absolute heart of the rapidly evolving Frankston Activity Centre, metres from an array of retail, lifestyle and recreational amenities

- Significant triple fronted landholding of 2,198sqm* across 4 titles

- Huge combined frontage of over 140 metres to Nepean Highway, Wells Street and Wells Lane

- Total building area of 2,975sqm* across 4 buildings, with rear access and on site parking

- Diversified passing income of $532,381* per annum + GST (as of September 2026) from 10 separate tenancies

- Highly desirable Activity Centre Zone 1 (ACZ1) with a preferred building height of 41 metres (12 storeys), offering outstanding development upside with scope for a range of multi-level outcomes (STCA)

- Surrounded by several recently approved development sites of 14+ levels including ‘Harbour’ by Urban DC and ‘Solene’ by PACE

- High profile position, with immediate access to a range of amenity including Bayside Shopping Centre (60m*), Frankston Beach (200m*), Frankston Train Station (400m*), Peninsula Aquatic Recreation Centre (550m*), Frankston Hospital (900m*) and more

- Excellent connectivity to major arterials, providing direct access to the Mornington Peninsula and Melbourne’s CBD

For further information or to arrange an inspection, please contact the exclusive selling agents:

Chris Kombi

0438 156 236

Tom Fisher

0417 980 824

Ben Liu

如您需要中文咨询,请联系我们亚洲事务部主管Ben Liu刘犇

微信号:benki0218

WhatsApp(与手机同号)

*Approx.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

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Property Location of 439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199

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439-447 Nepean Highway & 82-88 Wells Street, Frankston, VIC 3199 Frankston