53A Beach Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

53A Beach Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 116m2
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Property Details for 53a Beach St, Frankston

Building Type
Commercial
Land Size
116m2
Local Government
Frankston
Lot/Plan
2/LP57118

Last Listing description (April 2019)

Ray White Commercial Oakleigh is delighted to offer for sale via Public on-site Auction on Friday 5th April 2019, this outstanding stand-alone retail investment property with unrivalled development potential (STCA).

Situated prominently on the corner of Beach Street and Petrie Street and within walking distance to the newly developed Frankston train station, this is the perfect opportunity to acquire a tenanted retail investment with the future prospect of a multi-tenancy or the unique possibility to owner-occupy.


Whatever it is you are after in a commercial investment, this property ticks all the boxes.
Unlock the potential!

Property Features Include:

- Total Building Area | 204m2 (approx)
- Total Land Area | 270m2 (approx)
- Current Rental (Laundrette) | $16,150 per annum + Outgoings
- Potential Income (Combined) | $48,000 - $52,000 per annum (approx)
- 53 Beach Street being offered vacant possession, with a tenant in waiting
- 30 metres (approx) street frontage
- Footpath recently refurbished by Frankston Council
- Grease Trap, Exhaust Canopy and Cool Room all included
- Gas Connection
- Suitable for a food-based business
- Stand-alone building with no owners corporation!
- Unique ability to occupy, invest or develop (STCA)
- Business 1 Zoning (B1Z)

For further information or to arrange an on-site inspection, please contact one of the exclusive marketing agents:

Joshua Colosimo - 0413 790 309
Paul Rizzo - 0418 688 888

Property History for 53a Beach St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$825,000
02 Apr 2019
  • 02 Apr 2019
    Listed for Sale Auction | On Site
  • 02 Apr 2019
    Sold for $825,000
  • 02 Jul 2018
    Listed 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 21,752 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 83 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1165 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.