INFORMATION MEMORANDUM 17 THOMPSON STREET, FRANKSTON.
HEAD OFFICE 18-20 Russell Street Melbourne
SOUTHERN OFFICE 1/136 Keys Road Cheltenham
EASTERN OFFICE 2/5 Corporate Boulevard Bayswater
WESTERN OFFICE 3B/36 Hume Road Laverton
As Melbourne’s leading independent commercial property agency, we take pride in creating worth across all four points of this city.
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CONTENT
01. Point of Interest 02. Point of View 03. Property Features 04. Tenancy Schedule 05. Property Particulars 06. Location 07. Sales Process 08. Appendices Floor Plan
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Point of Interest
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POINT OF INTEREST EXPRESSIONS OF INTEREST - SALE OR LEASE CLOSING WEDNESDAY 11TH NOVEMBER AT 3PM
Positioned in the heart of Frankston’s thriving CBD, this landmark retail asset presents an exceptional opportunity for investors and owner-occupiers alike. Occupying approximately 530 sqm* of land, the impressive two-storey freehold enjoys a prime location on the doorstep of Bayside Shopping Centre and is surrounded by major national banks, Australia Post and an array of established retail and commercial businesses. Zoned Activity Centre Zone – Schedule 1, the property also benefits from rear access with a roller door, enhancing its functionality and future potential.
907 sqm*
12.95 m*
Accessibility
Dual-level freehold building.
frontage in the heart of Frankston’s CBD.
Prime Location Near Bayside Shopping Centre & Major Roads.
377 sqm*
530 sqm*
Ground floor area.
First floor area.
Versatility
Potential
Clear-span ground floor retail accommodation.
Occupation, Investment or Development Potential.
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POINT OF VIEW A substantial Frankston CBD freehold offering scale, flexibility and outstanding future upside in one of the region’s most tightly held commercial precincts.
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Tim Cooney| 0468 860 737 tim.cooney@cva.melbourne
Stirling Findlay | 0481 848 240 stirling.findlay@cva.melbourne
“A distinctive commercial asset offering prominent street exposure, versatile space and outstanding business potential in the heart of Frankston.”
“A prominent commercial opportunity offering exceptional street exposure in Frankston’s established business precinct.”
After nearly two decades of experience across Australia and London, Tim brings a global perspective to local deals — paired with a distinctly Melbourne sense of approachability. Since joining CVA in 2021, he’s become known for his attention to detail, proactive mindset, and long-game thinking. For Tim, commercial real estate isn’t about chasing transactions, but building partnerships. He thrives on developing genuine, long-term relationships and takes the time to understand not just what clients want now, but what they’ll need next. Tim blends strategic thinking with day-to-day diligence, whether he’s running a campaign, structuring a deal or mapping out a multi-year leasing strategy, his goal is the same: deliver value, build trust, and exceed expectations.
Honest. Driven. Straightforward. Working across Melbourne’s broader South East, Stirling Findlay specialises in commercial sales and leasing and everything in between, working with both owners and occupiers to achieve clear, practical outcomes. Starting his career in hands-on industries, Stirling understands the value of hard work, consistency and showing up properly. That mindset now carries through to real estate, where he’s known for his work rate, responsiveness, and ability to build genuine relationships with clients. He takes a direct, no-nonsense approach to every deal. Clear communication, honest advice, and a focus on what actually matters, helping clients make informed decisions without overcomplicating the process. Whether working with investors, business owners or trades, Stirling focuses on keeping things moving, identifying real opportunities, and delivering results that stack up long after the deal is done.
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Ian Angelico | 0418 336 088 ian.angelico@cva.melbourne “A rare opportunity to secure a character-filled commercial property with outstanding exposure and versatile potential in the heart of Frankston.” In more than 30 years, Ian has witnessed the successful signing of more than two thousand commercial real estate transactions – which is more of a legacy, than a track record. And it’s one that has been achieved by adopting a methodical approach amongst a myriad of changing variables. It’s one that has been sharpened through his holistic exposure to commercial projects across all points of Melbourne. By focusing on maximising each property’s profitability, Ian ensures that at the end of the day, it’s maximising value that determines his success.
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PROPERTY FEATURES IMPROVEMENTS
17 Thompson Street features a prominent two-storey commercial building with a striking red façade, extensive street-facing glazing and an approximate 12.95-metre frontage. The property occupies a highexposure position within Frankston’s established commercial precinct, offering excellent visibility for businesses seeking a prominent retail, showroom or office presence. The ground floor features an expansive open-plan interior with timber-look flooring, a reception counter and full-height glass frontage that maximises natural light and street exposure. The flexible layout provides scope for a range of commercial uses, including retail, showroom, office or service-based businesses, subject to relevant approvals. The upper level features additional accommodation with large windows overlooking the street, offering further potential for office space or complementary business operations. The property also benefits from rear access and a substantial internal area, providing flexibility for storage, workspace or operational requirements. Its distinctive exterior mural adds character to the building, while the existing fit-out presents an opportunity for an incoming occupier to adapt the space to suit their business needs. With its prominent frontage, versatile two-level configuration and established commercial setting, 17 Thompson Street presents an opportunity for owner-occupiers, investors or tenants seeking a wellpositioned commercial property in the heart of Frankston.
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PROPERTY FEATURES IMPROVEMENTS
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PROPERTY FEATURES IMPROVEMENTS
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PROPERTY FEATURES IMPROVEMENTS
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PROPERTY PARTICULARS
Principle Outgoings
Site Details
Title particulars
Council rates
$8,308.50 p.a.*
Water rates
$1,000 p.a.*
Land tax
$3,000 p.a. (Single Holding)*
Frontage to street
12.84 metres
Western side boundary
40.78 metres
Eastern side boundary
40.92 metres
Southern side boundary
13.01 metres
Total site area
530.36 sqm
Certificate of Title — Volume 11235 Folio 834 Lot 2 on Plan of Subdivision LP31914
Zoning
ACZ - Activity Centre Zone (ACZ1)
Planning Overlays
Development Contributions Plan Overlay — Schedule 1 (DCP01) Parking Overlay — Precinct 1 (PO1) Special Building Overlay — Precinct 1 (SBO)
Municipality
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City of Frankston
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LOCATION
All signs point to: Frankston 17 Thompson Street, Frankston is a prominent commercial property featuring a 12.95 m* frontage, extensive street-facing glazing and a versatile two-storey layout, offering excellent visibility and flexible business. Here are some notable aspects and benefits of buying property in this area: High Visibility and Street Exposure: 17 Thompson Street occupies a prominent position along Thompson Street, featuring an approximately 12.95 m* frontage with extensive street-facing glazing. The distinctive red façade and large display windows provide excellent exposure for businesses seeking to attract passing motorists and pedestrians. Versatile Commercial Opportunities: The property features a two-storey commercial building with expansive ground-floor space and additional upper-level accommodation. Its flexible layout offers potential for a range of business uses, including retail, showroom, professional offices and servicebased businesses, subject to relevant planning approvals. Established Commercial Precinct: Situated within Frankston’s established commercial area, the property benefits from a surrounding mix of retail businesses, professional services and other commercial operators. This established business environment provides opportunities for networking, collaboration and attracting customers from the surrounding area. Functional Layout and Adaptable Interior: The ground floor features an open-plan layout, timber-look flooring, a reception counter and extensive glazing that allows natural light into the space. The upper level provides additional accommodation, offering flexibility for offices, administrative operations, storage or complementary business activities. Strategic Location and Business Potential Frankston is a major commercial and activity centre in Melbourne’s south-east, serving a broad residential catchment and surrounding suburbs. Its established retail, commercial and service sectors create opportunities for businesses seeking to establish or expand their presence in the region. The property’s prominent frontage and adaptable two-storey configuration further enhance its appeal to owner-occupiers, investors and prospective tenants.
AND THE POINT? Prominent. Versatile. Well-Positioned. Investing in 17 Thompson Street, Frankston, offers a prominent commercial location with excellent street exposure, a flexible two-storey layout and strong potential for a range of business ventures.
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LOCATION
All signs point to: Frankston Frankston is a major commercial and activity centre in Melbourne’s south-east, known for its established retail precinct, diverse business community and access to a broad residential catchment. The suburb offers a combination of commercial, retail and lifestyle amenities, making it an attractive destination for businesses seeking to establish a presence in a well-serviced metropolitan centre. 17 Thompson Street is positioned within Frankston’s established commercial area, offering a prominent street frontage and a versatile twostorey building suited to a range of potential business uses (STCA). Its location provides opportunities to benefit from the surrounding commercial activity while the flexible interior layout accommodates a variety of operational requirements.
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Frankston continues to benefit from ongoing investment in transport infrastructure, public spaces and urban development, strengthening its role as a key destination in Melbourne’s south-east. The area’s established amenities and connectivity support accessibility for businesses, customers and employees alike. And the point? 17 Thompson Street presents an opportunity to secure a strategically positioned commercial asset in one of Melbourne’s key south-eastern activity centres. With its prominent frontage, adaptable two-storey configuration and location within Frankston’s established commercial precinct, the property offers appealing potential for owneroccupiers and investors seeking long-term business and investment opportunities.
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SALES PROCESS EXPRESSIONS OF INTEREST - SALE OR LEASE CLOSING WEDNESDAY 11TH NOVEMBER AT 3PM Expressions of Interest Process At CVA, we provide prospective purchasers full transparency, fairness, and respect during the EOI process. To make our point, we’ve defined and outlined the process below so you’re across it prior to submitting an offer. 1. Submitting Offers Offers are due no later than the date and time advertised for the EOI campaign. They must be submitted through this form with every section completed, signed and emailed to the relevant contact persons by campaign closure. Any offers submitted after this time will be deemed as noncompliant and rejected. Our point of view: we strongly encourage all interested parties to submit their best offer, as the vendor reserves the right to accept an initial offer or to deal exclusively with certain offers in a second round. 2. Review Process All offers will be compiled and presented to the vendor for their consideration after the closing of the EOI campaign. Upon feedback, we will contact all parties promptly to communicate the vendors instructions relating to their offer. In the event of a second round, we will request all offers to be provided on a contract of sale with a deposit to CVA for the vendor’s consideration.
For more information, contact
Tim Cooney
Stirling Findlay
Ian Angelico
0468 860 737 tim.cooney@ cva.melbourne
0481 848 240 stirling.findlay@ cva melbourne
0418 336 088 ian.angelico@ cva melbourne
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APPENDICES FLOORPLAN
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APPENDICES
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HEAD OFFICE 18-20 Russell Street Melbourne
EASTERN OFFICE 2/5 Corporate Boulevard Bayswater
SOUTHERN OFFICE 1/136 Keys Road Cheltenham
WESTERN OFFICE 3B/36 Hume Road Laverton North
DISCLAIMER: THIS REPORT HAS BEEN COMPILED ON THE BASIS OF INFORMATION AVAILABLE. THOUGH EFFORTS HAVE BEEN MADE TO VERIFY OR ESTABLISH THE ACCURACY OF THE MATERIAL, IT IS NOT POSSIBLE TO WARRANT THAT IT IS ACCURATE. SOME PREDICTIONS ARE ESTIMATES ONLY AND NECESSARILY BASED ON ASSUMPTIONS WHICH MAY NOT OCCUR. ALL PARTIES SHOULD MAKE THEIR OWN INDEPENDENT ENQUIRIES WITH REGARD TO ALL THE INFORMATION CONTAINED IN THIS REPORT. THE REPORT IS INTENDED TO BE GENERAL INFORMATION ONLY AND WILL NOT FORM PART OF ANY CONTRACT NOR IS IT TO BE TAKEN AS ANY FORM OF ANY REPRESENTATION, WARRANTY OR INDUCEMENT. THE AGENTS AND REPRESENTATIVES DO NOT ACCEPT ANY RESPONSIBILITY FOR AND WILL NOT BE LIABLE IN RESPECT OF ANY OF THE CONTENTS OF THIS REPORT. *APPROXIMATELY