315-321 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

315-321 Nepean Highway
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: 40
Land area: 5198m2
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Property Details for 315-321 Nepean Hwy, Frankston

Building Type
Commercial
Land Size
5198m2
Local Government
Frankston
Lot/Plan
CP171686

Last Listing description (September 2023)

Generous car parking
Existing restaurant fitout included
21,000* vehicles passing daily

DBRE in conjunction with Colliers are delighted to exclusively present for lease 315-321 Nepean Highway, Frankston.

The 798sqm* site is located on the corner of Nepean Highway and Kitson Lane allowing for fantastic customer access into and exciting the property.

The site is situated at the gateway to the Frankston CBD with over 21,000* vehicles passing daily, this opportunity is also surrounded by residential and commercial properties to support all day trading. Generous car parking is available for customers all day with over 50 spaces* on grade.

For further details or to arrange an inspection please do not hesitate to contact exclusive agents.

*NB All prices exclude GST unless otherwise stated and all sizes and numbers are approximate.

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.

Please feel free to contact us to discuss your commercial property needs.

Property History for 315-321 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,360,000
28 Oct 1997
Listed for Rent
$275/w
08 Sep 2023
  • 07 Sep 2023
    Listed for Rent - Price not available
  • 13 May 2007
    Listed for Sale 4500000
  • 07 Oct 2000
    Listed for Sale Not Disclosed
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,773 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:

  • The median value for Houses in Frankston is $829,312 while the median value for Units is $572,690.
  • Houses have a median rent of $599 while Units have a median rent of $500.
There are currently 135 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1055 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.