72 Young Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

72 Young Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 283m2
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Property Details for 72 Young St, Frankston

Building Type
Commercial
Land Size
283m2
Local Government
Frankston
Lot/Plan
2/LP17488

Last Listing description (June 2023)

Teska Carson is pleased to offer 72 Young Street, Frankston for sale by Public Auction on Wednesday 21 June 2023 at 1pm on-site.

Situated directly across from the newly renovated Frankston Station ($63m upgrade) this is an A grade investment opportunity with the following attributes:

- Brand new 20 year lease (5+5+5+5)

- Income of $75,000 per annum plus GST & Outgoings (excluding land tax)

- Annual CPI increases with market review at exercise of option

- Land area of 289 square metres with valuable 7.7 metre double width frontage

- Benefits from 2 car parks and rear road access

- 7 Eleven is one of Australias biggest retailers with in excess of 700 stores nationwide

- Lease directly held by 7 Eleven

- Directly opposite the $87m upgraded Frankston Train Station Car Park with over 500 new car parks

Please call for further information or to arrange an inspection.

Property History for 72 Young St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,740,000
21 Jun 2023
  • 21 Jun 2023
    Sold for $1,740,000
  • 23 May 2023
    Listed for Sale Contact Agent
  • 20 Dec 2013
    Sold for $1,000,000
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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 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1188 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.