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521 Nepean Highway, FRANKSTON, VIC 3199

2. Property Highlights

2,426SQM* GENERAL RESIDENTIAL ZONED SITE OPPOSITE OLIVERS HILL BEACH

- 521 Nepean Highway is ideally nestled between Esplanade Reserve and opposite Olivers Hill Beach providing outstanding lifestyle amenity

- The property represents a supreme opportunity for a high end residential development with seaside views

- The property is located on the approach to the exclusive Olivers Hill precinct of Frankston, home to some of the most expensive residential houses within the Mornington Peninsula. It is also situated less than 1km* from the Frankston CBD and Frankston Train Station, which provides direct and easy access to the Melbourne CBD. The Frankston Hospital is also just 1km*

- Situated on the Nepean Highway, the property boasts supreme connectivity to the greater Mornington Peninsula, including Mt Martha Beach (3.35km*), Mornington Country Golf Course (9km*) and Sorrento (38km*). But best of all, beach access is just across the road

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au

*Approx

CBRE Melbourne

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

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3. Property Location

521 Nepean Highway, FRANKSTON, VIC 3199

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4. Due Diligence

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521 Nepean Highway, FRANKSTON, VIC 3199 Frankston