5/47 Frankston Gardens Drive, Carrum Downs, VIC 3201 | Property Value & History | OnTheHouse
OFF MARKET

5/47 Frankston Gardens Drive
Carrum Downs VIC 3201

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 681m2
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Property Details for 5/47 Frankston Gardens Dr, Carrum Downs

Building Type
Commercial
Land Size
681m2
Local Government
Frankston
Lot/Plan
5/PS606749

Last Listing description (August 2021)

Nichols Crowder is pleased to offer for sale this securely leased investment returning $80,000 per annum +GST and 100% of all outgoings.

The tenant, Advanced Sawing and Drilling have occupied the property since construction was completed in 2007 and have just signed on for a new four (4) year lease term.

The well-established business has been based in the Carrum Downs area for 28 years, servicing both government and private contracts all over Victoria.

The property receives outstanding exposure to the Eastlink/Peninsula Link freeway with an uninterrupted view by thousands of passing cars

Comprising a total building area of 818sqm* including a double storey office and an additional 14 car parking spaces on title. The site is fully fenced and gated, plus the security is second to none with motorised window shutters, bollards and a monitored security system.

Key features include:

Two container height motorised roller shutter doors
Ducted heating and cooling throughout office areas
Partitioned and open plan offices areas, with date cabling to all areas
Licensed triple interceptor and wash bay
Separate staff amenities in both the office and warehouse areas
Clear span warehouse with a height up to 7.5 meters

Inspections are strictly by appointment only.

For further information or to arrange an inspection, please contact:

Josh Monks on 0409 335 179

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Property History for 5/47 Frankston Gardens Dr, Carrum Downs, VIC 3201

A timeline of how this property has performed in the market
Last Sold
$1,550,000
03 Aug 2021
  • 03 Aug 2021
    Sold for $1,550,000
  • 15 Jul 2021
    Listed for Sale $1,450,000 - 1,595,000 + GST
  • 20 Aug 2007
    Sold for $850,000
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About Carrum Downs 3201

The size of Carrum Downs is approximately 20.2 square kilometres. It has 46 parks covering nearly 3.6% of total area. The population of Carrum Downs in 2016 was 20711 people. By 2021 the population was 21976 showing a population growth of 6.1% in the area during that time. The predominant age group in Carrum Downs is 30-39 years. Households in Carrum Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrum Downs work in a trades occupation.In 2021, 69.80% of the homes in Carrum Downs were owner-occupied compared with 67.90% in 2016.

Carrum Downs has 12,750 properties. Over the last 5 years, Houses in Carrum Downs have seen a 39.74% increase in median value, while Units have seen a 32.44% increase. As at 30 November 2025:

  • The median value for Houses in Carrum Downs is $841,275 while the median value for Units is $630,957.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 11 properties listed for sale, and 11 properties listed for rent in Carrum downs on OnTheHouse. According to Cotality's data, 565 properties were sold in the past 12 months in Carrum downs.

Suburb Insights for Carrum Downs 3201

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.