34 Dandenong Road WFrankston VIC 3199
Property Details for 34 Dandenong Rd W, Frankston
Last Listing description (June 2022)
+Securely leased to July 2024 plus option to 2029.
+Victoria Legal Aid: State and Federal Government funded agency providing free legal advice to 74,700* Victorians annually.
+Investor preferred net lease terms with Victorian State Government paying all usual outgoings.
+Well presented purpose built facility having undergone recent $2 million Government funded upgrade.
+20 secure undercroft car spaces with direct building access.
+Irreplaceable 623sqm Commercial 2 Zone (C2Z) zoned freehold site with dual street frontage.
+Strategically positioned in key legal precinct neighbouring Frankston Magistrates Court and Frankston Police Station.
+Frankston: major commercial, retail, education, and transport hub servicing southern metro suburbs and the Mornington Peninsula.
+Net Income: $171,558pa + GST.
For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 22 June 2022
Crown Casino - River Room
Burgess Rawson Agents
Shaun Venables 0411 860 865
Matthew Wright 0458 290 588
Zomart He 0488 220 830
Beau Coulter 0413 839 898
Commercial Property Services Pty Ltd Agent
Diana Ward 0418329438
Property History for 34 Dandenong Rd W, Frankston, VIC 3199
- 22 Jun 2022Sold for $3,850,000
- 25 May 2022Listed for Sale Price on Request
- 28 Nov 2020Transferred
Recent sales nearby
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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.
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