80 Frankston Gardens DriveCarrum Downs VIC 3201
Property Details for 80 Frankston Gardens Dr, Carrum Downs
Last Listing description (November 2023)
RWC Oakleigh is excited to offer 80 Frankston Gardens Drive, Carrum Downs for Sale via a Public On-site & Online Auction scheduled for Monday, 18th December 2023 at 3pm.
Offered for the first time in over 25 years, this high yielding prime industrial freehold with landholding of 9,300m2* is located just off EastLink (M3) on the corner of Frankston Gardens Drive & Lathams Road and benefits from 206m* of corner street frontage making it impossible to miss!
The property offers a total building area of 4,070 m2*, providing high clearance clear-span warehouses of 3,570m2* and a split-level office space with amenities of approximately 500m2. Boasting a concrete batching plant, high power supply (400 amps), 8x roller doors, 3x existing crossovers and an abundance of hardstand, this is a truly unique opportunity suitable for astute investors, owner occupiers who want to boost their corporate image or developers who are looking for a premium future development site located in one of South East Melbourne's busiest and easily accessible industrial precincts.
With a maximum lease term until February 2027, take the opportunity to Invest Now then Occupy / Develop in the Future (STCA).
PROPERTY FEATURES:
+ 206m* Corner frontage to Lathams Road & Frankston Gardens Drive
+ Prime Industrial landholding | 9,300m2*
+ Total building area | 4,070m2*
+ Offices / boardroom / staff amenities | 500m2* over two levels
+ Offered with extremely strong income stream^
+ High warehouse clearance up to 8.25m* & 10.8m*
+ High power supply - 400 amps
+ 8x roller doors, 3x overhead cranes (20T, 12.5T & 5T)
+ Concrete Batching Plant along with auto delivery system into warehouse
+ Immediate access to East Link (M3), Peninsula Link & Frankston-Dandenong Road
+ Securely gated and fenced with 3x existing crossovers
+ Invest Now, Occupy / Develop in the Future (STCA)
+ Industrial 1 Zone (IN1Z)
+ Terms of Sale: 10% deposit, Settlement 30 - 120 days
INVESTMENT FEATURES:
+ Leased to Melbourne Architectural Precast Pty Ltd
+ CPI Annual Increases
+ Maximum Lease Term until February 2027
Open for Inspection Times:
Tuesday 21st November | 3:00pm - 3:45pm
Tuesday 28th November | 3:00pm - 3:45pm
Tuesday 5th December | 3:00pm - 3:45pm
Tuesday 12th December | 3:00pm - 3:45pm
Monday 18th December | 2:30pm - 3:00pm (Auction Day)
To register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property (copy link below):
https://anywhereauctions.com.au/app/property?propertyId=38118
For further information and to obtain a copy of the contract or information memorandum, please contact one of the exclusive marketing agents below:
Theo Karkanis | 0431 391 035
George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562
^ Lease information can be provided upon request
*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 80 Frankston Gardens Dr, Carrum Downs, VIC 3201
- 10 Sep 2024Sold for $9,150,000
- 12 Jun 2024Listed for Sale Sale: Contact Agent | Lease: Contact Agent
- 12 Jun 2024Listed for Rent - Price not available
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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.
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