225 Cranbourne RoadFrankston VIC 3199
Property Details for 225 Cranbourne Rd, Frankston
Last Listing description (May 2013)
Strategic KFC Investment
Brand new 10 year lease to 2023.
4 further 5 year options.
Fast food location next to McDonalds and Fratelli???s Restaurant.
Excellent 1,495* site with 15 metre* frontage.
A $350,000 tenant refurbishment is imminent.
Modern 295m2* building with drive thru facility.
Annual rent reviews.
Rent: $232,169 pa*
*Approx.
Property History for 225 Cranbourne Rd, Frankston, VIC 3199
- 12 Dec 2019Sold for $5,700,000
- 08 May 2013Sold for $3,287,500
- 14 Mar 2013Listed for Sale Not Disclosed
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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 21,734 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.
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