1/16 Clyde Street MALL, Frankston, VIC 3199 sold on 11 July 2025 | OnTheHouse
 
SOLD
Sold on 11 Jul 2025 for $240,000

1/16 Clyde Street MALL
Frankston VIC 3199

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1906m2
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Property Details for 1/16 Clyde St Mall, Frankston

Building Type
Commercial
Land Size
1906m2
Local Government
Frankston
Lot/Plan
1/PS741873

Last Listing description (September 2023)

+ 5 year lease to 2027 to experienced hospitality operator, plus two further 5 year options to 2037.
+ Laughing Lark Caf: locally owned and licensed caf, with an extensive menu with fresh ingredients and open 6 days a week.
+ Attractive 3.5% fixed annual rent increases, ensuring future rental growth

+ Immaculate and brand new tenant fit-out
+ Modern 135sqm* corner premises in the heart of Frankston's commercial trade catchment.
+ Tenant pays all usual outgoings as per the lease.
+ Important 3 month bank guarantee
+ Single tenanted investment, requiring minimum management.
+ Positioned directly opposite the Vicinity-owned Bayside Centre, a triple supermarket and DDS shopping centre anchored by Coles, Woolworths, ALDI, Kmart and Target, complemented by over 145 specialty stores - services 12.2 million visitors annually.
+ Strategically positioned within 100* metres of the Frankston train station.
+ Frankston: a major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+ Net Income: $46,575 pa + GST

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Property History for 1/16 Clyde St Mall, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$240,000
11 Jul 2025
  • 11 Jul 2025
    Sold for $240,000
  • 03 Jul 2025
    Sold for $390,000
  • 24 May 2025
    Transferred
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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 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 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:

  • The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
  • Houses have a median rent of $575 while Units have a median rent of $490.
There are currently 94 properties listed for sale, and 56 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1155 properties were sold in the past 12 months in Frankston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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