454-472 Nepean Highway, Frankston, VIC, 3199

Knight Frank and Cushman and Wakefield are pleased to offer for sale “Peninsula Place”, 454 -472 Nepean Highway, Frankston For Sale by Expressions of Interest closing Thursday the 20th of November at 2pm (AEDT).

Arguably one of Frankston most prominent corner locations, Peninsula Place offers some of Frankston best office accommodation, with an outstanding occupancy history to a diverse mix of Government, Health Education and Essential serviced based tenants.

• High profile location in major bayside activity centre and gateway to Mornington Peninsula

• Modern four level office building with NLA of 6,284sqm and 152 secure basement car parks

• 91% leased with staggered lease expiries & diversified income stream

• Strong occupancy history with some tenants in occupation over 20 years

• Estimated fully leased net income of $2.3million per annum plus GST

• Major corner land holding of 2,509 sqm with favourable Activity Centre Zone

• Three street frontages with access via rea lane

• Less than 100 metres to retail precinct and Vicinity Bayside Centre

• Excellent public transport access with bus and train station only 500 metres

• Strategic investment with long term upside

For sale by expressions of interest closing Thursday 20th November at 2pm (AEDT)

To arrange an inspection or for further information, please contact the exclusive selling agents:

Knight Frank

Tom Ryan | +61 419 786 244

Trent Preece |+61 400 504 300

Nick Bisset | +61 437 748 120

Cushman & Wakefield

Daniel Wolman | +61 412 947 839

Oliver Hay | +61 419 528 540

Leon Ma 马海翔 | +61 417 070 725

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