5/129-133 Beach Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

5/129-133 Beach Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 93m2
Land area: 112m2
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Property Details for 5/129-133 Beach St, Frankston

Building Type
Commercial
Floor Size
93m2
Land Size
112m2
Local Government
Frankston
Lot/Plan
5/PS423056

Last Listing description (January 2018)

A proven retail Investment opportunity exists now in Frankston's flourishing commercial development area. Leased to a successful Pizza Café/Takeaway Food Business and receiving steady income, it is perfectly located in a thriving group of shops.
*Building Area: 111 sqm (approx)
*Rental income total: $ 27535.00 (Plus GST)

*Sold as 'Going Concernn*Lease Term: 3 Years
*Lease Commencement: 16th Oct, 2015
*Further Term Option: 3 Years
*Outgoings: 100% Paid by Tenant
*Plenty of onsite customer car parks
TERMS OF SALE:
Terms 10% deposit
Balance 60 Days
Inspect strictly by appointment
Contact Trevor McCann 0407043932

Property History for 5/129-133 Beach St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$480,000
25 Nov 2017
Listed for Rent
31 May 2014
  • 25 Nov 2017
    Sold for $480,000
  • 26 Oct 2017
    Listed for Sale Not Disclosed
  • 20 Aug 2014
    Sold for $322,500
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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.
There are currently 93 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1160 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.