G01/38 Playne Street, Frankston

For Sale

Imposing Commercial Investment

Substantial ground floor investment opportunity with ‘blue chip’ tenant.

This stand out building is located in the southern central CBD of Frankston and is close to General Public, The Hop Shop, Betty’s Burgers, Library and numerous other businesses.

We are offering the immaculately presented ground floor investment property to the market for the first time.

Key features include:

* Tenant is Brotherhood of St Laurence (offering customer services under the NDIS)
* Rent $221,823 p.a. net
* Building area: 566sqm*
* Frontage to Playne Street of 13 metres*
* A safe and secure investment
* Depreciation will apply to this property
* Lease expiry 30/06/2025 with a 1 year option

For further information or to arrange an inspection, please contact Linda Ellis.

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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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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