342 – 344 Nepean Highway, Frankston

Auction

Thursday, 11th March at 11am

Great Tenant, Great Future

This impressive double fronted freehold has been keenly held by one family for ages.

Here is your opportunity to purchase the property and continue that tradition. Or, if you choose to re-develop the site in the future, it is perfect for that option too (STCA).

Lifecare Frankston physiotherapy and sports medicine practice has traded here for some 19 years and previously another similar allied health business traded here for around 8 years prior. That proves the business stability in this property, which is of paramount importance for any investor.

Key features include:

* Tenant: Zenitas HNA Trusco Pty Ltd ATF Lifecare Frankston
* 5 year lease until April 2024
* Annual net rent $61,800 p.a.
* Building area: 350sqm*
* Large on-site parking area
* Wide frontage to Nepean Highway of 33.6m*
* Land area: 1,600sqm*
* Kananook Creek flows past the rear boundary (refer to the attached Title plan)
* Mixed Use zone offers huge development potential (STCA)

GST: This property will be sold as a Going Concern
Terms: 10% deposit, balance 30/60/90 days

Please contact the selling agents for more detail, information memorandum and sale documents.

Inspections: By appointment only.

Linda Ellis – 0400 480 397
Michael Crowder – 0408 358 926

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.

GET IN TOUCH. WE’RE ALWAYS HERE TO HELP