98 Young Street, Frankston

Sold

Friday, 19th May 2017

TRANSFORM YOUR PORTFOLIO

Looking for a prime Commercial Investment Property to add to your Portfolio?
Then, you should look closely at this one! Receive rental income for as long as you wish, or possibly redevelop the site in the future (STCA).

– Securely Leased to Campbell Page Limited*
– Rental return $43,440pa Net
– Tenant pays all outgoings incl. Land Tax
– Building Area: 183m2 approx. (wide 9m frontage)
– Land Area: 320m2 approx. ( incl. gated rear parking area)

*Campbell Page provide Disability Employment Services for the Australian Government. Operating for 35 years, they currently have 42 sites in the Eastern states of Australia.

On a “stand alone” Title, there is no Owner’s Corporation here! The property is situated just 3 doors from the intersection of Young and Wells Streets.

As part of the State Government’s $63 million Frankston Station Precinct Redevelopment initiative, Vic Roads are currently creating a high quality pedestrian streetscape on Young Street (between Wells Street and Beach Street).

Terms: 10% deposit, balance 30/60/90 days.
Inspect: By appointment only.

Contact Linda Ellis for Information Memorandum.

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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