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Sold on 26 Aug 2024 - Price Unavailable

34/36 Young Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
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Property Details for 34/36 Young St, Frankston

Building Type
Commercial
Local Government
Frankston

Last Listing description (August 2024)

RWC Oakleigh presents 34 & 36 Young Street, Frankston to market for immediate Sale or Lease.

This versatile and strategically well located ground floor retail premises is positioned in the heart of the bustling Frankston retail strip, opposite the $63m* upgraded Frankston Station which has over 500 new parking spaces. Boasting 11m* of outstanding street frontage, these properties are easily accessible via major arterial roads including Nepean Highway, East Link (M3), Frankston Freeway, Cranbourne Road & the Mornington Peninsula Freeway whilst being only 600m* from Frankston Beach and moments from the ever busy Bayside Shopping Centre.

+ Total building area | 270m2*

+ Double width frontage of 11m* to Young Street with rear access via ROW
+ 100m* from Bayside Super Regional Shopping Centre featuring over 200 specialty retail stores including Myer, Coles, Woolworths, Aldi, Rebel Sport, Chemist Warehouse & Hoyts Cinemas
+ 300m* to the $50m Peninsula Aquatic Recreation Centre and 850m* to Frankston Hospital
+ 400m* to the nationally recognised Frankston Arts Centre
+ Directly opposite Chisholm Frankston and the $63m* upgraded Frankston Train Station with over 500 new parking spaces
+ Existing fit-out to remain including current kitchen infrastructure
+ Suitable for a variety of uses (STCA)
+ Commercial 1 Zone (C1Z)

For further information please contact one of the exclusive marketing agents below:

George Ganavas | 0478 634 562
Theo Karkanis | 0431 391 035

*All areas and figures approximates only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

Property History for 34/36 Young St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
26 Aug 2024
Listed for Rent
$575/w
25 Jul 2024
  • 26 Aug 2024
    Listed for Sale Under Offer
  • 26 Aug 2024
    Sold

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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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 28.22% increase in median value, while Units have seen a 25.38% increase. As at 30 September 2024:

  • The median value for Houses in Frankston is $723,155 while the median value for Units is $511,678.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 142 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

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Contact agent
George Ganavas
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Theo Karkanis
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Ray White Commercial Oakleigh
Preferred contact:
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.