64 Dandenong Road WFrankston VIC 3199
Property Details for 64 Dandenong Rd W, Frankston
Last Listing description (October 2020)
Rare opportunity to acquire this prominent corner showroom securely leased to longstanding tenant (Dulux Group).
Gorman Commercial is pleased to offer this Set & Forget investment for private sale.
Key attributes of the property include:
* Income: $96,155 p.a. + GST + outgoings (land tax payable by Dulux Group)
* Lease term: 5 + 5 years
* Immaculately presented showroom of 440 sqm approx.
* Dulux Group have been in occupation for 20+ years
* Excellent on-site parking and rear RSD access
* Dulux Group leading manufacturer of premium branded products including Dulux, Selleys, Yates, Cabots, B & Ds, British Paints, Berger, Poly and Hortico
Strategically located between Frankston City Centre, Frankston Train Station, car dealerships and large format retailers. In close proximity to Eastlink, Mornington Peninsula Freeway and Nepean Highway.
Property History for 64 Dandenong Rd W, Frankston, VIC 3199
- 30 Oct 2024Sold for $2,145,000
- 29 Sep 2020Sold for $1,610,000
- 26 Jun 2020Listed for Sale Contact Agent
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 21,755 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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