August 02, 2019

CHEERS ALL ROUND

AUCTION
FRIDAY AUGUST 23 AT 12 NOON ON SITE

233 Beach Street, Frankston

A rare opportunity has become available for investors to purchase a great retail shop at 233 Beach Street, Frankston.

Being offered to the market by Nichols Crowder, the property is to be auctioned on site on Friday, August 23rd at 12:00noon.

Set on land of approximately 236sqm, the shop of around 67sqm is leased to a well-established bottle shop on a net rental return of $21,181 per annum.  This freehold shop has a great corner location in a tightly held retail strip, and offers potential development opportunities down the track (STCA).

“State and local governments have greatly increased their infrastructure investment in and around Frankston in recent times,” explains Linda Ellis, Sales and leasing Executive.  “This is benefiting businesses in the area, particularly in the retail sector, and in this location.”

For more information contact:

LINDA ELLIS 0400 480 397