29/435 Nepean Highway, Frankston, VIC 3199 | Commercial for sale | OnTheHouse
 
FOR SALE
$89,000

29/435 Nepean Highway
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 24m2
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Invest by the Bay – Strong Return Right by the Beach!

Securely leased, offering a strong and reliable income stream. Positioned within one of Frankston's most vibrant lifestyle hubs, this property delivers the perfect blend of convenience, modern appeal, and long-term growth potential. Each space benefits from a contemporary design with light-filled interiors, functional layouts, and quality finishes, making them highly attractive to tenants. With a secure lease in place and options extending investors can enjoy peace of mind with consistent returns. Located just moments from the beach, transport, shopping, and dining precincts, this blue-chip bayside position ensures ongoing tenant demand and future capital growth.
Features Include;
* Secure, long term lease making it an easy investment
* Secure tenancy with lease options
* Light-filled, functional layouts
* Modern fit-outs with quality finishes
* Access to shared amenities including gym and lounge
* Rooftop terrace and on-site launderette
* High-demand Frankston location
* Close to beach, shops, and transport
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Property Details for 29/435 Nepean Hwy, Frankston

Building Type
Commercial
Floor Size
24m2
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,784 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 137 properties listed for sale, and 74 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1037 properties were sold in the past 12 months in Frankston.

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Gavin Zeitz
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G & H Property Group
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