Prominently positioned on New Street in the heart of Frankston’s industrial estate. This fantastic property totals 255sqm* of building area. With a recent zone change to Commercial 2 this property provides enormous future opportunities (STCA).
Owned by the same family for over 18 years, Don’t miss your opportunity to “snap up” a warehouse in the tightly held New Street.
Currently tenanted by “Circa Sixty & Co Pty Ltd” since 2021 returning a very modest $25,500 p.a. + GST + Outgoings. Lease expires 31/10/2023 with one (1) further option of two (2) years.
Key features Include:
* Total building size: 255sqm*
* Warehouse height up to 5.1m*
* Motorised roller door 3.5m* high
* Male & female amenities
* 3 carparks on title
* Commercial 2 Zone
GST: This property will be sold as a going concern
Terms: 10% deposit, balance due in 30/60/90 days
Auction: Thursday 28th July 2022 @ 12pm on site
For further information or to arrange an inspection, please contact
* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.