LEVEL 2/486 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 2/486 Nepean Highway
Frankston VIC 3199

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 305m2
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Property Details for Level 2/486 Nepean Hwy, Frankston

Building Type
Commercial
Land Size
305m2
Local Government
Frankston
Lot/Plan
1/TP681058

Last Listing description (September 2025)

HIGH-EXPOSURE GROUND FLOOR OPPORTUNITY
PRIME NEPEAN HIGHWAY FRONTAGE - RETAIL / OFFICE / SHOWROOM / HOSPITALITY (STCA)

RWC Oakleigh is pleased to offer Ground Floor, 486 Nepean Highway, Frankston - a highly versatile tenancy positioned on one of Frankston's busiest arterials. With excellent exposure and modern finishes, this property is ideal for a wide range of uses including retail, showroom, office or hospitality (STCA).

Property Highlights:

Total building area | 190m*
One (1) allocated car space
Ground floor position with excellent Nepean Highway frontage
Polished concrete flooring throughout
Heating and cooling systems installed
Male and female amenities
Three-phase power
Suit a range of uses: retail, showroom, office, hospitality (STCA)
Located moments from Bayside Shopping Centre, Frankston Station, and key local amenities, this is a rare opportunity to secure a high-traffic site with outstanding branding potential.

Contact the exclusive agents below to arrange an inspection or discuss your business requirements:

Ryan Amler | 0401 971 622
Jonathan On | 0479 003 122

*All areas and figures are approximate only. All boundaries are indicative. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agent.

Property History for Level 2/486 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,400,000
29 Jul 2021
Listed for Rent
$1.16k/w
29 Sep 2025
  • 29 Sep 2025
    Listed for Rent - Price not available
  • 29 Jul 2021
    Sold for $1,400,000
  • 01 Jul 2021
    Listed for Sale Contact Agent
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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 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 104 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1155 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.