SIGNIFICANT PERMITTED BAYSIDE OPPORTUNITY

446-450 Nepean Highway, Frankston, Victoria 3199

Land For Sale

Expressions of Interest. EOI Date 5 Dec 2018
Land Area: 3,108.00 m2.    

Description

Colliers International is pleased to offer 446-450 Nepean Highway, Frankston for Sale by Expression of Interest closing Wednesday 5th December at 2pm.

446-450 Nepean Highway, Frankston represents an excellent opportunity to acquire a permit approved development site strategically positioned with significant double frontage to both Nepean Highway and Kananook Creek. This prime development opportunity is aided by an approved 11 storey commercial permit with the scope to reconfigure to hotel or mixed use (STCA).

Key investment highlights are as follows:

- Substantial 3,108m² land allotment benefitting from prime dual double frontage to both Nepean Highway and Kananook Creek

- Plans and permit approved for 11-storey commercial office development offering uninterrupted views of the bay

- Flexibility with the scope to amend into a hotel/mixed use development (STCA)

- Perfect location in the heart of the Nepean Highway retail precinct

- Short term holding income

For further information please contact the exclusive selling agents at Colliers International.

Features

  • 3,108m² double fronted land holding
  • Permit for 11 storey office development
  • Able to amend to hotel/mixed use (STCA)

Specifications

Zoning Commercial 1 Zone

Map

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