1853B Frankston-Flinders RoadHastings VIC 3915
Property Details for 1853b Frankston-Flinders Rd, Hastings
Last Listing description (June 2022)
Dawkins Occhiuto is pleased to offer a premium retail investment opportunity located at 1853B Frankston-Flinders Road, Hastings. Strategically located adjoining the only Bunnings Warehouse on the Western Port side of the Mornington Peninsula, the property comprises a brand new showroom development fully pre-committed to listed and national brands including Autopro, Petstock and Mycar.
The property is a short distance north of the Hastings Activity Centre and located within one of Melbourne's best performing regions experiencing significant sea-change/tree-change. Upon completion (anticipated May 2022), the property will boast a 7.5 year WALE with a staggered lease expiry profile and a total net passing income anticipated to be $545,293 per annum.
- 5 individual retail showrooms
- Fully leased to national retailers: Autopro, AWM Electrical, Petstock, Mycar, Fur Life Vet
- Combined fully leased net income of $545,293 p.a.*
- 7.5 year* WALE
- New improvements with maximum depreciation benefits (anticipated completion May 2022)
- Offered in one line or individually
Exclusively available through Dawkins Occhiuto, the property is for Sale by Expressions of Interest closing Wednesday, 6 April at 3.00pm AEST.
Property History for 1853b Frankston-Flinders Rd, Hastings, VIC 3915
- 08 Mar 2022Listed for Sale Contact Agent to Discuss
- 12 Feb 2009Sold for $308,000
Recent sales nearby
See more recent sales nearby/assets/perm/hcn4rq4z2ui6zh3b55dcsh2f5q?signature=1d2a3ab88ac63ef67174ecccace9b48aa552fde350c239219cc04abd41a91b17){kind=logo}
0
/assets/perm/c4janx2n5ei65fltlocfohzzca?signature=2794b123fc9a4412b6eb1dea40ad6217838a1e9a9d596f3f0149a163e7aed253){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Hastings 3915
The size of Hastings is approximately 26.5 square kilometres. There are 23 parks, covering nearly 3.4% of the total area. The population of Hastings in 2016 was 9609 people. By 2021 the population was 10369 showing a population growth of 7.9% in the area during that time. The predominant age group in Hastings is 30-39 years. Households in Hastings are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hastings work in a trades occupation.In 2021, 64.90% of the homes in Hastings were owner-occupied compared with 58.30% in 2016.
Hastings has 6,468 properties. Over the last 5 years, Houses in Hastings have seen a 16.35% increase in median value, while Units have seen a 29.59% increase. As at 30 June 2026:
- The median value for Houses in Hastings is $731,162 while the median value for Units is $578,887.
- Houses have a median rent of $565 while Units have a median rent of $500.
Suburb Insights for Hastings 3915
Market Insights
Hastings Trends for Houses
N/A
N/A
View TrendN/A
N/A
Hastings Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
