Prime Investment Positioned for Growth
Nichols Crowder is delighted to present 6 Dandenong Road West, Frankston – a once-in-a-generation investment opportunity held by the same family for over 30 years.
This secure investment is tenanted by “Frankston Automotive”, a trusted local business that has been trading since 1992.
Positioned along Dandenong Road West, the property enjoys outstanding exposure with approximately 18 metres of frontage, neighbours Bob Jane T-Mart and Bayside Shopping Centre, and is just 350 metres from Frankston Train Station.
Key features include:
* Total building area: 300sqm*
* Leased to Harber Enterprises Pty Ltd
* Trading as Frankston Automotive
* Tenant established since 1992
* Lease expiry: 18th September 2027
* Further term: One (1) option of five (5) years
* Current rental income: $81,960 p.a. + GST + Outgoings
* 3% annual increases
* Market review at each option
* Two (2) car parks on title
* Plus twelve (12) additional common car spaces
With significant investment and development underway across the Frankston precinct, including major infrastructure upgrades and the continued revitalisation of the CBD, properties in this tightly held location offer exceptional long-term growth potential.
6 Dandenong Road West represents a secure, high-exposure investment in one of Melbourne’s strongest emerging bayside markets.
For further information or to arrange an inspection, please contact the listing agents.
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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