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.

CBRE Asian Services Desk:
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.