25 New Street, Frankston

Sold

Thursday, 28th July 2022

New Opportunity

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

James Dodge
Josh Monks

PLEASE NOTE:

* 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.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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