17 Thompson St 9,763 SF Industrial Building Frankston, VIC 3199 For Sale

This substantial two-level industrial building at 17 Thompson Street provides an outstanding opportunity for investors, developers, or owner-occupiers seeking a rare landholding in Frankston’s bustling Activity Centre. Totaling approximately 907 m² on a 530 m² site, the property is strategically located within a high-demand precinct just steps from retail, hospitality, and transport services. Its flexible configuration and zoning create a highly versatile asset that can support immediate occupation or be repositioned for a landmark development.
The Activity Centre Zone – Schedule 1 designation underpins broad mixed-use and multi-story development possibilities, making this site a prime candidate for future projects in a suburb identified for significant growth and urban renewal. The property’s connectivity is unmatched, with Frankston Railway Station within 400 meters and easy links to Nepean Highway and surrounding major arterials. Whether leveraging existing improvements or pursuing redevelopment ambitions, this property represents a unique opportunity in the commercial heart of Frankston.