Income, Land & Guaranteed Income Growth In The Booming Mornington Peninsula
Description
Key details of the land-rich investment include:
+ Large 3,214sqm* corner landholding with massive dual street frontages of 135m* to Frankston-Dandenong Road and Klauer Street
+ Leased to June 2029 with two further 6-year options, potentially extending the commitment to July 2041
+ Jasbe Petroleum: Established in 1988 with 50+ locations across VIC and NSW and employing over 600 staff
+ Improvements comprise 240sqm* convenience store, fibreglass tanks, separate 4 island canopy, two bay car wash and a dedicated drive-up transaction window with a wide turning circle for easy vehicle egress, ensuring convenience for “grab-and-go’ customers
+ Tenant pays usual outgoings excluding land tax
+ Multiple points of access via one of the Peninsula’s major arterial thoroughfares, close to Frankston Fwy & Eastlink interchanges, benefiting from 31,300+ vehicles passing daily
+ Seaford: a well-established bayside suburb 36km* south-east of the Melbourne CBD, forming part of the established City of Frankston, acting as a key gateway to the Mornington Peninsula
+ Net income of $423,392 pa* as at July 2026
Please contact the exclusive selling agents at CBRE to obtain further information or to arrange an inspection to all areas of the property.
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
*Denotes Approx.
Enquire
Contact agents
Scott Hawthorne Senior Manager
+61 400 861 048
Jing Jun Heng
+61 411 059 116
Nathan Mufale Senior Director
+61 421 224 354Enquiry Form
Seaford, VIC
296-298 Frankston-Dandenong Road (Corner Klauer Street)
For Sale by Expression of Interest
This property is part of Portfolio 183
Price: Contact Agent
Contact agents
-
Scott Hawthorne Senior Manager
+61 400 861 048 -
Jing Jun Heng
+61 411 059 116 -
Nathan Mufale Senior Director
+61 421 224 354