Information Memorandum - 290 Nepean Highway, Seaford

Page 1


As Melbourne’s leading independent commercial property agency, we take pride in creating worth across all four points of this city.

01. Point of Interest 02. Point of View

Property Features 04. Property Particulars 05. Location

06. Sales Process

07. Appendices Expressions of Interest Form

With 2,279 sqm* of land, 30.07 m* of Nepean Highway frontage, and General Residential Zoning (GRZ3) to unlock it all — this is a significant development site sitting squarely on the Nepean with the beach quite literally on your doorstep. Directly opposite Long Island Beach and moments from Frankston’s Activity Centre, 290 Nepean Highway is a prime coastal canvas ready for townhouses, apartments, childcare, or a mix of them all.

The burgeoning Seaford location pairs lifestyle with logistics — walk to Bayside Shopping Centre, Kananook Railway Station, schools, parks and of course, the beach boardwalk. With vacant possession and no demolition required, this is a clean slate in every sense, perfectly positioned for developers who want to break ground, not the bank.

To Kananook Railway Station
To Bayside Shopping Centre
General Residential
to Frankston Hospital
To the Frankston Freeway

With direct beach access, abundant surrounding amenities, and a generous footprint to work with, this is coastal development potential in its purest form — ready to make waves.

Daniel Philip | 0439 977 121 daniel.philip@cva.melbourne

“This isn’t just land, it’s lifestyle on a lot title— straight across from the shore and set for something sensational.”

An agent that turns first impressions into lasting commitments. Since the early days of his career, Daniel has established a level of service that is defined by in-depth market knowledge, expert advice and responsive communication. Committed to creating value in the commercial real estate opportunities he matches with his clients’ objectives, and the ability to think outside the square. Especially if that extends well beyond Melbourne’s inner-city grid.

Tim Cooney | 0468 860 737 tim.cooney@cva.melbourne

“When the surf’s this close, your development is already ahead of the curve—unlock beachfront brilliance with every square metre.”

After five years spent working in commercial real estate in London, Tim is home in 2021. Melbourne born and bred with more than 5 years’ experience locally, there aren’t many who are better suited to this business. Diligent. Proactive. An honest communicator. Tim knows it’s in the face-toface where deals are won and lost for all parties. Because of this, he takes great care in building rapport and learning the long-term strategy of his clients to enable the best advice not just shortterm, but for life. Meticulously detailed and across all of the numbers, you’ll be glad you have Tim’s on hand – plus his support across all points of your deal.

“290 Nepean Highway presents an unrivalled opportunity for developers seeking a premium slice of a beachside town. Set on a generous 2,279 sqm* allotment with 30.07 metres* of prime highway frontage, this vacant, clean-titled land sits just footsteps from the beach — a rarity in today’s tightly held coastal market. Zoned GRZ3, the site supports medium-density residential development such as townhouses or apartments, or even a childcare facility — all in a location that effortlessly blends lifestyle and accessibility. With no demolition or cleanup required, it’s ready for immediate action and tailored vision.

The surrounding growth is undeniable. With direct beach access and walkable connections to Kananook Railway Station, Bayside Shopping Centre, Frankston Hospital, and key retail hubs like Kmart, Hoyts, and Woolworths, the area is primed for further improvement. The combination of high visibility, strong residential demand, and proximity to both nature and infrastructure makes this site a strategic and futureproof investment. As Frankston and Seaford continue to evolve into lifestyle-centric urban hubs, 290 Nepean Highway positions itself as a cornerstone of smart coastal development — where business potential meets bayside beauty.

Principle Outgoings

Site

Title particulars

Certificate of Title — Volume 04198 Folio 537 Lot 1 on Title Plan 404114V

Zoning General Residential Zone (GRZ3)

Planning Overlays

Municipality

Design And Development Overlay (DDO6)

Environmental Significance Overlay (ESO4) Land Subject To Inundation Overlay (LSIO)

City of Frankston

All signs point to: Nepean Highway

Positioned along one of Melbourne’s most prominent coastal corridors, Nepean Highway offers the perfect blend of high exposure, lifestyle appeal, and commercial potential — making it a prime destination for forward-thinking businesses and developers alike.:

High Exposure and Traffic Flow:

Nepean Highway is one of Melbourne’s busiest arterial roads, providing businesses with maximum visibility and exposure to thousands of daily commuters, tourists, and local traffic.

Proximity to Key Amenities:

The highway runs through major commercial precincts with easy access to shopping centres, healthcare (Frankston Hospital), schools, and recreational hotspots — creating a strong customer base for a variety of business types.

Coastal Appeal:

Its closeness to beaches like Long Island Beach and Olivers Hill enhances the lifestyle factor, attracting both residents and tourists year-round — perfect for retail, hospitality, or wellness ventures.

Strong Residential Growth:

The surrounding suburbs including Frankston and Seaford are experiencing rapid development, increasing the local population and demand for services, housing, and retail offerings.

Connectivity and Transport Links:

Located near major transport options such as the Frankston Freeway, Kananook Railway Station, and bus routes, the area offers seamless connectivity for staff, customers, and logistics — a big plus for any business looking for accessibility.

AND THE POINT?

The Shoreline: Exposed. Energised. Evolving.

Securing a foothold on Nepean Highway, Seaford places you at the heart of Melbourne’s premier bayside corridor—where nonstop traffic meets laid-back coastal charm, and public-sector investment is unlocking the next wave of residential and commercial demand. For visionary operators and developers, this is the address where visibility, lifestyle magnetism and long-term growth converge.

All signs point to: Seaford

Seaford offers that rare mix of “coastal cool” and commuter convenience that businesses crave. Sitting on the Nepean Highway spine—now free of the Seaford Road rail crossing and stitched together with 6 km of new shared paths—customers can arrive by car, train or bike with ease, then spill straight onto the foreshore boardwalk or Kananook Creek trail for a post-purchase stroll. The suburb’s $10 million revitalisation program is greening verges, widening footpaths and adding pocket parks, drawing a steady stream of residents, beach-goers and day-trippers past shopfronts and cafés every day of the week.

Strong public-sector backing is turning that pedestrian energy into economic momentum. A fresh $50 million federal injection for the Nepean Boulevard masterplan, council activation grants for the Seaford shopping strip, and the newly adopted Industrial Strategy that upgrades

Hartnett Boulevard all spell long-term confidence for operators who set up now. Private developers are following suit: three-storey apartments at 12 Nepean Hwy, boutique townhouses at 105 Austin Rd and 196 Nepean Hwy, plus larger mixed-use proposals up and down the strip, will add hundreds of new residents by 2026— expanding the local customer base without businesses having to chase it. With cash, planning reform and population growth all converging, Seaford is primed for enterprises that want a bay-side address and a balance sheet that keeps rising with the tide.

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

Daniel Philip

0439 977 121

daniel.philip@ cva.melbourne

Tim Cooney 0468 860 737 tim.cooney@ cva.melbourne

Expressions of Interest Form

Point of interest: 290 Nepean Highway, Seaford

Complete this form and return it to our office via email or post by Wednesday 23rd July 2025 at 3pm.

ADDRESS TO: CVA Property Consultants

Attention: Daniel Philip, Tim Cooney

POST or HAND DELIVER 18-20 Russell Street, Melbourne VIC 3000

E-MAIL

Please submit your offer to the agent you have been working with throughout the campaign.

daniel.philip@cva.melbourne tim.cooney@cva.melbourne

Purchasing Entity Entity/Individual: Address:

Attention:

ABN: Telephone: Email:

Proposed Purchase Terms

Purchase Price: Deposit (%): Settlement Period: Conditions:

Solicitor Company: Attention: Address:

Telephone:

Email:

Additional information or special conditions, which supports or clarifies a Registrant’s submission, may be annexed to this ‘Expressions of Interest Form’. The Contract of Sale & Vendor’s Statement has been available during the marketing campaign and parties acknowledge that they have received a copy

Signed for and on behalf of the Purchasing Entity Date

Name of Signatory (PLEASE PRINT)

NOTE: The Vendor has the right, at its sole discretion, to vary the sales process, to postpone or cancel the sale of the property and to modify or add any terms and conditions to any proposed contract of sale or Vendor’s Statement which may be made available to a potential purchaser.

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.