Cushman & Wakefield City Fringe Sales are delighted to present for sale a Premium Essential Service Investment located at 325 Nepean Highway, Frankston, with the following key attributes:
• Leased to Sinopec, a Chinese state-owned oil and gas giant consistently ranked in the Fortune Global 500 top 10.
• Backed by the Chinese government, Sinopec reported US$420.5 billion* revenue in 2024, underscoring the strength of the covenant.
• Brand new 10-year lease to 2035, with three (3) further five year options.
• Favourable net lease with fixed 3% annual increases, providing secure and growing income.
• Significant landholding of 2,948sqm* with ACZ zoning permitting development up to 8 storeys (STCA).
• Modern service centre completed in 2021, offering significant depreciation benefits.
• High profile Nepean Highway position with 75m* of direct street exposure.
• Strong retail location nearby Woolworths, Coles, Kmart, JB Hi-Fi, Chemist Warehouse (all within 900m*).
• Situated in Frankston, a major commercial hub with substantial government investment and strong population growth.
*Approximate
For Sale by International Expressions of Interest Closing Wednesday 12th November 2025 at 12pm.
For more information, please contact Cushman & Wakefield City Fringe Sales Team as the exclusive selling agents.
George Davies | +61 421 799 489
Raphael Favas | +61 435 916 380
Oliver Hay | +61 419 528 540
Leon Ma 马海翔 | +61 417 070 725
Remember to mention you found this property on CommercialReady
Cushman & Wakefield City Fringe Sales are delighted to present for sale a Premium Essential Service Investment located at 325 Nepean Highway, Frankston, with the following key attributes:
• Leased to Sinopec, a Chinese state-owned oil and gas giant consistently ranked in the Fortune Global 500 top 10.
• Backed by the Chinese government, Sinopec reported US$420.5 billion* revenue in 2024, underscoring the strength of the covenant.
• Brand new 10-year lease to 2035, with three (3) further five year options.
• Favourable net lease with fixed 3% annual increases, providing secure and growing income.
• Significant landholding of 2,948sqm* with ACZ zoning permitting development up to 8 storeys (STCA).
• Modern service centre completed in 2021, offering significant depreciation benefits.
• High profile Nepean Highway position with 75m* of direct street exposure.
• Strong retail location nearby Woolworths, Coles, Kmart, JB Hi-Fi, Chemist Warehouse (all within 900m*).
• Situated in Frankston, a major commercial hub with substantial government investment and strong population growth.
*Approximate
For Sale by International Expressions of Interest Closing Wednesday 12th November 2025 at 12pm.
For more information, please contact Cushman & Wakefield City Fringe Sales Team as the exclusive selling agents.
George Davies | +61 421 799 489
Raphael Favas | +61 435 916 380
Oliver Hay | +61 419 528 540
Leon Ma 马海翔 | +61 417 070 725
Remember to mention you found this property on CommercialReady
325 Nepean Highway, Frankston, VIC, 3199
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