Stopping All Stations - Tenanted Investment
Nichols Crowder is pleased to offer the opportunity to purchase a tenanted shop in the heart of the Frankston CAD.
With a new 5-year lease to H & R Block beginning April 2022, this property will not remain on the market for long!
Across the road from the newly refurbished $68 million Frankston Station and 350m* from Chisholm campus which is currently undergoing an $85 million re-development.
Parking is no problem with Bayside shopping centre carpark being directly behind.
Priced very competitively, you will not find better value in Frankston!
Features include:
* Total building area: 156sqm*
* Rental return of $24,000 p.a. + GST + outgoings
* Lease beginning April 2022 with annual 3% increases
* 5 years & 7 month lease term
* Building comprising of 7 glass partitioned offices and a large reception area
* Male and female amenities (including disabled toilet)
* Ducted heating/cooling throughout
* Motorised security shutters on front of shop
* Alarm/CCTV
* Fitted lunchroom
* 1 undercover carpark on title (at rear)
* No expense spared on the fit out!
* Commercial 1 Zone (C1Z)
For further information or to arrange an inspection, please contact
James Dodge 0488 586 896
Thomas Gordon 0456 353 432
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
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