Browsing: Frankston Yacht Club

AFTER a decade of uncertainty, a long-term tenant has signed on to occupy the Frankston Yacht Club building. Since opening in 2016, the Frankston Yacht Club building has been a financial sinkhole for Frankston Council. Construction of the building and its maintenance has cost ratepayers at least $11 million, and it has largely been unoccupied over the last decade. Last week Frankston Council confirmed that Roccella Group had signed on to establish an Italian restaurant on the top floor of the building. It is the first tenant to sign a long-term lease for the top floor since the project was…