20 Reservoir RoadFrankston VIC 3199
Property Details for 20 Reservoir Rd, Frankston
Last Listing description (June 2021)
Savills is delighted to offer for sale 20 Reservoir Road, Frankston. This high quality child care centre represents a premium opportunity to secure the ultimate investment with significant future upside.
The key attributes of the property include:
- Boutique child care centre licensed for 65 places
- Current net rental of $92,700 per annum*
- 5 year lease with options until December 2037
- Very conservative rental rate with fixed 3% increases
- Significant landholding of 2,211sq m*
- General Residential Zone
- Situated in prime suburban Frankston location with 12 Primary and Secondary schools within 2km*
The opportunity to secure such an affordable, high quality centre, securely leased to an established operator, and located within an established bayside suburb is extremely rare, and as such we strongly recommend this investment opportunity.
For Immediate Private Sale
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Property History for 20 Reservoir Rd, Frankston, VIC 3199
- 26 Oct 2019Sold for $1,850,000
- 21 Aug 2019Listed for Sale Immediate Private Sale
- 02 Nov 2016Sold for $1,540,000
Recent sales nearby
See more recent sales nearby/assets/perm/22jly66n5qi63mvzef7qhbnjia?signature=a30c70ff06acb578341f79ba4a13ea4a05df367cf8ae5485d400daf1876728e5){kind=logo}
0/assets/perm/untzxcs6h4i63glxf5fqmuhcvy?signature=697e941f7f7a4fa29ba6b4094ad9cc36eeadd28cf30e419f1b20c0cd241d6cf6){kind=logo}
0/assets/perm/lkg5hvrwjui65py5teyjjuc3e4?signature=cb697dd1d8b0f42c78cb9d0889364471b1c4af197e0d98e38a85f37a3bbc9fef){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 21,736 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:
- The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
- Houses have a median rent of $580 while Units have a median rent of $490.
Suburb Insights for Frankston 3199
Market Insights
Frankston Trends for Houses
N/A
N/A
View TrendN/A
N/A
Frankston Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
