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 20^th 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 20^th November at 2pm (AEDT)

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

Cushman & Wakefield

Daniel Wolman | +61 412 947 839

Oliver Hay | +61 419 528 540

Leon Ma 马海翔 | +61 417 070 725