Stonebridge Property Group is pleased to present 644 Frankston-Flinders Road, Baxter for sale all in one line via Public On-site Auction.

Key highlights of the opportunity include:

• Brand new block of 9 studio apartments with on-site car parking and meticulously designed to cater for the affluent Baxter precinct
• Completed August 2024 representing the new owner significant tax deprecation benefits and a net income of $155,500* (State Government land tax-exempt property^)
• Apartments have been constructed with top-range appliances and finishes and private outdoor space
• Significant 650 sqm* landholding with over 15 m* frontage to Frankston-Flinders Road, which allows clever retail activation or any future development (STCA)
• Surrounded by retail amenity featuring Ampol Foodary, Woolworths, Hungry Zaks Fish n' Chips, Chemist Warehouse, Peninsula Lifestyle Retirement Village, and Baxter Kindergarten and Children’s Centre (700 m*)
• Unrivalled lifestyle amenity including Baxter Park (300 m*), Mornington Peninsula Pony Club (1.2 km*), Watson Creek (780 m*) and Frankston Nature Conservation Reserve (2.5 km*)
• Excellent transport linkages with bus stops along Baxter-Tooradin Road and Frankston-Flinders Road, and in close proximity to Baxter Train Station (1.1 km*)
• Immediate access to major arterials including Baxter-Tooradin Road, Mornington Peninsula Fwy (280 m*), and Moorooduc Hwy (1.5 km*)

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.