Nichols Crowder are delighted to offer this prime and sizeable commercial property to the market. The property has been occupied by cafes/restaurants, however it will appeal to various retail uses.
Owned by our Vendor family for many many years, but reluctantly they now want to sell it, and they have reasonable price expectations.
76 Young Street will appeal to investors or owner occupiers. With an imposing wide frontage to Young Street and direct rear access to Gallery Lane, the property sits opposite Frankston Station and the Transport Interchange. Plus Chisholm Tafe and the Aquatic Centre are just over the line. It really is in a great position, and has loads of upside.
Key features include:
* Commercial 1 Zone
* Vacant possession
* Building area: 163sqm*
* Land area: 278sqm*
* Single story
* Rear yard for parking and/or possible outdoor dining
* Perfect to occupy
* Great investment
* Development potential (STCA)
* Preferred max building height 30.5m* under the proposed FMAC Structure Plan
* Situated between Wells Street and Station Street
For further information or to arrange an inspection, please contact:
Linda Ellis 0400 480 397
Thomas Gordon 0456 353 432
PLEASE NOTE:
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
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 21,753 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:
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