8 Young StreetFrankston VIC 3199
Property Details for 8 Young St, Frankston
Last Listing description (October 2015)
Situation in PRIME LOCATION within the heart of FRANKSTON CENTRE BUSINESS DISTRICT is this fantastic office block directly opposite Station & Bus Terminal with a variety of Retail Shops, including coffee lounges, take away foods etc... at your door step and directly behind is the Bayside Shopping Centre and only minutes walk to FRANKSTON BEACH.
- Best prominent front street location in Frankston
- Directly opposite Frankston Railway Station and Bus Stop
- 8 Seperate fitted office suites, areas range from 95sqm* to 180sqm* (Approx)
- Approx. 110sqm in total, applicable area over 900sqm Approx
- Back car parking for 8 vehicles on title
- B9 classification certificate
Most importantly, the building has subdivided all office suites into 8 seperate titles. This is very rare opportunity to invest this potential unmatched real estate. Occupy or finish the subdivision and resell at a future date each suite at a much higher price subject to market conditions. Furthermore, there is the potential to build apartments SUBJECT TO TOWN PLANNING APPROVAL.
We are only a phone call or an email away so should you require any further information or would like to book an inspection please do not hesitate to contact Andrew Agapitos 0404 054 255 or 9770 1033.
Property History for 8 Young St, Frankston, VIC 3199
- 29 Oct 2015Listed for Sale 1,650,000
- 25 Jun 2011Transferred
- 12 Dec 2005Sold for $300,000
Recent sales nearby
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0About 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 21,737 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:
- The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
- Houses have a median rent of $580 while Units have a median rent of $490.
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