490 Nepean HighwayFrankston VIC 3199
Property Details for 490 Nepean Hwy, Frankston
490 Nepean Hwy, Frankston is a bedroom, bathroom Unit with 8 parking spaces. The property has a land size of 959m2 and floor size of 2400m2.
Last Listing description (July 2016)
EX DAN MURPHIES RETAIL OUTLET, DIRECTLY OPPOSITE THE BEACH WITH MAGNIFICENT VIEWS OF PORT PHILIP BAY. THE PROPERTY PRESENTS WELL WITH SUSPENDED CEILINGS, LIGHT FITTINGS, MALE AND FEMALE AMENITIES, LUNCH ROOM PLUS LOADING DOCK. OWNER WOULD ALSO CONSIDER FIT OUT / REFURBISHMENT TO SUIT TENANTS REQUIREMENTS.BASEMENT CAR PARK WHICH INCLUDES 8 ON SITE.SITUATED JUST OFF NEPEAN HIGHWAY, OVER LOOKING KANANOOK CREEK AND OPPOSITE THE NEW SOUTH EAST WATER HEADQUARTERS.VERY HARD TO FIND BIG RETAIL/OFFICE SPACE IN FRANKSTON IN THIS LOCATION OR SIZE!
Property History for 490 Nepean Hwy, Frankston, VIC 3199
- 08 Jul 2016Listed for Rent $360,000 / year
- 01 Apr 2016Listed for Sale Not Disclosed
- 01 Apr 2016Listed for Rent $360,000 / year
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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 21,756 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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