221 Beach StreetFrankston VIC 3199
Property Details for 221 Beach St, Frankston
Last Listing description (August 2022)
It is rare to have the opportunity to buy a commercial freehold with Not Quite Right (NQR) as your tenant. NQR have traded from 221 Beach Street for over 12 years. They are exceptional, reliable tenants.
NB: NQR occupy two adjoining shops. 221 Beach Street is the shop on the left hand side. We are auctioning that left hand freehold on behalf of our clients.
This popular group of shops is situated at the 'top' of Beach Street.
Key features include:
* Long time secure tenant t/as NQR
* Existing 5 year lease with a 5 year option term
* Returning $23,905.20 p.a.
* Annual rent reviews to CPI, and market review at option
* Freehold title (no owners corporation)
* Land area: 192sqm*
* Building area: 65sqm*
* Commercial 1 zone
* No GST payable on purchase
* Offering the opportunity to extend the shop and/or add a second level (STCA)
For further information or to arrange an inspection, please contact:
Linda Ellis 0400 480 397
Thomas Gordon 0456 353 432
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 221 Beach St, Frankston, VIC 3199
- 26 Aug 2022Sold for $691,000
- 29 Jul 2022Listed for Sale Contact Agent
- 29 Mar 2022Transferred
Recent sales nearby
See more recent sales nearby/assets/perm/22jly66n5qi63mvzef7qhbnjia?signature=a30c70ff06acb578341f79ba4a13ea4a05df367cf8ae5485d400daf1876728e5){kind=logo}
0/assets/perm/35jfpqnwaui6zbd2e5ncjxmkqa?signature=75cac5e1f61347e4da151134b9e703f4ceed7599c5ebdaa09b4c283e55c1d902){kind=logo}
0/assets/perm/bvogmpzbpei6vhuule6ydqpgta?signature=013c82dd95c5f7308bed02316983f41b1e9097b54238f6bd52d6e88fd32095ca){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar 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 21,753 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.
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
