August 30, 2019

CHEERS ALL ROUND

SOLD

233 Beach Street, Frankston

More than 110 bids shows that retail investments with quality tenants continue to be popular, as shown with the recent auction of 233 Beach Street. 

Leased to a well-established bottle shop, the property was sold at auction for $730,000 on a yield of just 3.0%. 

The freehold shop of 67sqm on land of 236sqm attracted significant enquiry due to its corner position and development potential (STCA). 

For further information please contact:

LINDA ELLIS 0400 480 397