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315-321 Nepean Highway
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 798m2
Land area: 5198m2
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High Profile Fully Fitted Restaurant

Generous car parking
Existing restaurant fitout included
21,000* vehicles passing daily
DBRE in conjunction with Colliers are delighted to exclusively present for lease 315-321 Nepean Highway, Frankston.
The 798sqm* site is located on the corner of Nepean Highway and Kitson Lane allowing for fantastic customer access into and exciting the property.
The site is situated at the gateway to the Frankston CBD with over 21,000* vehicles passing daily, this opportunity is also surrounded by residential and commercial properties to support all day trading. Generous car parking is available for customers all day with over 50 spaces* on grade.
For further details or to arrange an inspection please do not hesitate to contact exclusive agents.
*NB All prices exclude GST unless otherwise stated and all sizes and numbers are approximate.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.
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Property Details for 315-321 Nepean Hwy, Frankston

Building Type
Commercial
Floor Size
798m2
Land Size
5198m2

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,716 properties. Over the last 5 years, Houses in Frankston have seen a 25.85% increase in median value, while Units have seen a 22.93% increase. As at 30 November 2024:

  • The median value for Houses in Frankston is $730,330 while the median value for Units is $515,139.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 105 properties listed for sale, and 64 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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James Davie
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David Bancroft
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DBRE - Moorabbin
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.